Resources
IRS Revenue Procedure 2020-42
On October 5, the Internal Revenue Service published Internal Revenue Bulletin 2020-41, which includes Revenue Procedure 2020-42, providing the Housing Credit National Pool amounts for qualified states for calendar year 2020. Thirty-three states received Credit authority under the National Pool.
Mainstream Vouchers – Non-Competitive Opportunity for Additional Vouchers Authorized by the CARES Act, Temporary Waivers and Alternative Requirements, and Modified 2020 Housing Assistance Payment Renewal Calculation
This notice provides information on several policies impacting Mainstream vouchers. The provisions in the notice are being offered to help public housing agencies prevent, prepare for, and respond to the coronavirus pursuant to the Coronavirus Aid, Relief, and Economic Security (CARES) ACT.
Scaled-Back HEROES Act Legislative Text
This House bill would provide $2.2 trillion in coronavirus relief. It is a scaled-back version of the $3.4 trillion Health Economic Recovery Omnibus Emergency solutions (HEROES) Act the House passed in May.
HUD: Section 3 Final Rule
Published on September 29, 2020, this final rule updates the U.S. Department of Housing and Urban Development’s Section 3 regulations to create more effective incentives for employers to retain and invest in their low- and very low- income workers, streamline reporting requirements by aligning them with typical business practices, provide for program-specific oversight, and clarify the obligations of entities that are covered by Section 3.
Analysis of Current and Expected Rental Shortfall and Potential Eviction Filings in the U.S.
This report, produced by STOUT, estimates roughly 10 – 14 million renter households — home to 23 – 34 million renters — were behind on their rent by a total of roughly $12 – $17 billion as of September 14, 2020.
State HFA Emergency Housing Assistance 2020 Programs
This directory shows critical components of state HFA emergency rental and mortgage assistance programs established in response to the COVID-19 pandemic. The linked presentation provides analysis, early takeaways, and additional resources.
State Housing Finance Agencies Peer Review by Fitch Ratings
Fitch Ratings’ State Housing Finance Agencies Peer Review provides annual comparative financial information and ratios for state housing finance agencies. This report, covering 51 state HFAs, contains financial information for fiscal year (FY) 2019 and the previous four fiscal years. This report is an update to Fitch’s October 2019 publication of “State Housing Finance Agencies — Peer Review," which provided updated FY 2018 financial information for 51 HFAs. This report details the survey results from HFAs, incorporating any criteria adjustments, and provides a full comparison across the sector.
FHFA Strategic Plan: Fiscal Years 2021–2024
The Federal Housing Finance Agency released its proposed Strategic Plan for 2021–2024 for public comment due by October 5, 2020. This draft document reflects the agency's priorities as the regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac.
Housing/COVID-19 Homeowner Assistance Fund Act of 2020: Cosponsorship List by State
This document tracks the members of Congress who have cosponsored the Housing Assistance Fund (S. 3620) and the Homeowner Assistance Fund (H.R. 6729).
