Resources
May 1 Update of HUD Multifamily COVID-19 Q&A
On May 1, HUD’s Office of Multifamily Housing released updated COVID-19 questions and answers covering issues related to project financing, forbearance, the CARES Act moratorium on evictions, additional resources provided by the CARES Act, income verification, and asset management.
House “Dear Colleague” Letter Supporting Housing Assistance Fund
Representative David Scott (D-GA) has circulated this Dear Colleague letter to House members urging them to join him on a letter to House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) asking for the establishment of a $75 billion Housing Assistance Fund in the next coronavirus relief legislation. The deadline to sign is close of business on Tuesday, May 5.
State Housing Finance Agency Federal Policy Priorities in Response to COVID-19
This memorandum summarizes NCSHA’s federal policy agenda related to the COVID-19 crisis on behalf of its member state housing finance agencies (HFAs), as of April 28, 2020. The first section summarizes our top legislative priorities for forthcoming fiscal stimulus legislation. The second section summarizes our priorities for federal policy and regulatory action.
April 27 FHFA Letter to Industry Groups on COVID-19 Liquidity
Federal Housing Finance Agency (FHFA) Director Mark Calabria sent this letter describing actions FHFA has taken in response to the COVID-19 crisis and commenting on his views regarding possible further FHFA actions to address mortgage servicers’ and other real estate companies’ liquidity concerns.
Housing Trust Fund 2020 Formula Allocations
This document provides the amount of Housing Trust Fund dollars each state receives in FY 2020.
CHCDF Letter on Future Coronavirus Relief Legislation
NCSHA co-signed this April 23 Campaign for Housing and Community Development Funding (CHCDF) letter urging congressional leadership to include resources for affordable housing and community development programs in future coronavirus relief legislation.
Proposed Federal Loan Programs to Stabilize the Housing and Rental Markets
These documents provide details on proposed Federal Reserve programs to stabilize homeowners, renters, apartment properties, and the housing market in response to broad forbearance provisions included in the CARES Act.
GSE COVID-19 Servicer Scripts for Borrowers Seeking Forbearance
Both Fannie Mae and Freddie Mac have made public the suggested scripts that they prepared to assist servicers in their discussions with borrowers seeking COVID-19 forbearance.
COVID-19 Housing Eviction Policy Scorecard
State and local governments along with HUD have issued partial emergency eviction and foreclosure moratoriums during the COVID-19 crisis. These emergency measures vary greatly in form and level of protection. The Eviction Lab and Emily Benfer of Columbia Law School have developed a policy scorecard for 50 states and the District of Columbia, distilling the contents of thousands of newly released legal documents into a clear set of 21 critical measures.
