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NCSHA Statement on Section 238 Language for FY 2020 Appropriations

Below is a statement from NCSHA strongly urging Congress to amend Section 238 of the House-passed FY 2020 HUD Appropriations bill, intended to respond to discrete issues related to public housing contracts, before enacting final FY 2020 HUD spending legislation.

SEC and NASAA Staff Statement on Opportunity Zones

This document is the Staff Statement on Opportunity Zones: Federal and State Securities Law Considerations from the staffs of the Securities and Exchange Commission and the North American Securities Administrators Association, in which they provide a summary of the Opportunity Zone program that briefly discusses the program and describes the compliance implications for Opportunity Funds under federal and state securities laws.

NCSHAโ€™s State HFA Factbook: Orientation Webinar

NCSHA offered an orientation webinar for the NCSHAโ€™s State HFA Factbook in June 2019. Access the recording. If you would like a personal tour, please contact data@ncsha.org.

NCSHA Comment Letter on HUD Mixed-Status Proposed Rule

NCSHA sent this letter to the Department of Housing and Urban Development regarding its proposed rule on the Housing and Community Development Act of 1980: Verification of Eligible Status.

NCSHA Comment Letter to IRS on Second Round of Proposed Regulations Implementing Opportunity Zone Tax Incentive

On July 1, 2019, NCSHA submitted comments to the Internal Revenue Service regarding the second tranche of IRS regulations related to implementation of the Opportunity Zone tax incentive.

NCSHA Letter to Chairman Neal on Taxpayer Certainty and Disaster Relief Act of 2019

On June 20, NCSHA sent a letter to House Ways and Mean Committee Chairman Richard Neal regarding H.R. 3301, Taxpayer Certainty and Disaster Relief Act of 2019, which provides additional resources to help California communities rebuild affordable housing destroyed by recent wildfires through additional Low Income Housing Tax Credits (Housing Credits).

NCSHA Letter on HUD Opportunity Zones Incentives

On June 17, NCSHA submitted recommendations to HUD Secretary Ben Carson for how HUD can use its existing authorities to promote public and private investments in affordable housing and community development activities in Opportunity Zones (OZ) and other economically distressed areas.

ACTION Comments on Tax Extenders to Senate Finance Committeeโ€™s Employment and Community Development Task Force

The A Call to Invest in Our Neighborhoods (ACTION) Campaign submitted comments to the Senate Finance Committee regarding their Task Force on Employment and Community Development, as it considers how to address expiring tax provisions under its jurisdiction.

HUD Letter on DACA FHA Mortgage Eligibility

This is a letter from HUD Assistant Secretary fro Congressional and Intergovernmental Affairs Len Wolfson to Representative Peter Aguilar (D-CA) pertaining to the eligibility of individuals with Deferred Action for Childhood Arrivals (DACA) status to obtain mortgages insured by the Federal Housing Administration (FHA).