Resources
NCSHA Comment Letter Asks FHFA to Address Racial Justice, HFA Lending in Affordable Housing Goals
On February 28, 2021, NCSHA provided these comments to the Federal Housing Finance Agency (FHFA) in response to its Advanced Notice of Proposed Rulemaking on Enterprise Housing Goals, urging FHFA to establish robust goals that push Fannie Mae and Freddie Mac (the Enterprises) to do as much responsible affordable lending as possible and to serve underserved markets better. In the letter, NCSHA also recommends that FHFA encourage the Enterprises to increase lending to people of color and address impediments to increased Enterprise support for HFA affordable housing lending.
NCSHA Letter to IRS, Treasury Urges Guidance on Implementing Minimum 4 Percent Rate, Disaster Housing Credits
In this February 26, 2021, letter, NCSHA urged the Internal Revenue Service and the U.S. Department of the Treasury to provide guidance on implementation of the minimum 4 percent Housing Credit rate and supplemental disaster Housing Credit authority, both enacted under the Consolidated Appropriations Act of 2021. The letter also urged revision of various IRS forms to facilitate reporting of both provisions.
HUD Mortgagee Letter 2021-05
On February 16, HUD published, with immediate effect, Mortgagee Letter 2021-05. ML 2021-05 extends the foreclosure and eviction moratoriums for FHA-insured mortgages until June 30, 2021, in addition...
NCSHA Comments to the Federal Reserve Board on Its Community Reinvestment Act Rulemaking Notice
On February 16, 2021, NCSHA sent this letter providing comments to the Federal Reserve System Board of Governors on its Notice of Proposed Rulemaking on Community Reinvestment Act regulations.
Virginia: State Emergency Rental Assistance
Links to State Emergency Housing Assistance programs available in Virginia.
HUD Memorandum on Fair Housing Act Enforcement to Bar Sexual Orientation, Gender Identity Discrimination
On February 11, 2021, the U.S. Department of Housing and Urban Development's Office of Fair Housing and Equal Opportunity issued this memorandum stating that HUD interprets the Fair Housing Act to bar discrimination on the basis of sexual orientation and gender identity and directing HUD offices and recipients of HUD funds to enforce the act accordingly.
Celebrating the Success and Potential of HOME and Housing Trust Fund (HFAi21)
Join this HFA panel discussion on how to make the most of your HOME and Housing Trust Fund dollars to further your agency’s affordable rental housing and homeownership goals. DISCUSSION...
Section 3 Rule and Implementation (HFAi21)
Review the new policy changes, procedures, and reporting requirements in the Section 3 final rule. Discuss Section 3 obligations and oversight responsibilities. PARTICIPANTS Josh Furman,...
Mixed Financing, Part 2: Compliance (HFAi21)
Take the lessons learned in the Mixed Financing: Underwriting session and dive into key compliance issues to keep in mind for mixed finance deals. TRAINERS James Beachler, President | JMB...
