• February 25, 2015

    The Bipartisan Budget Act of 2013 negotiated by Representative Paul Ryan and Senator Patty Murray provided partial, temporary relief from sequestration. With the expiration of this relief in fiscal year (FY) 2016, lawmakers should act quickly to stop sequestration from taking effect in the upcoming fiscal year. The undersigned 2,100 national, state, and local organizations—representing the hundreds of millions of Americans who support and benefit from nondefense discretionary (NDD) programs—strongly urge lawmakers to replace sequestration with a balanced approach to deficit reduction. In so doing, we ask that you consider the following:

  • February 20, 2015

    Dear Secretary Castro:

    The undersigned organizations urge FHA to reduce the cost of its single-family mortgage insurance premiums to expand access to safer and more affordable mortgages to more creditworthy households.
    As you know, FHA has twin missions to provide access to mortgage credit and to protect the integrity of the Fund. These missions are best accomplished using a dynamic evaluation of the FHA book of business, performance over time,

  • February 18, 2015

    The National Council of State Housing Agencies (NCSHA) appreciates this opportunity to provide additional comments on the Affirmatively Furthering Fair Housing (AFFH) proposed rule regarding HUD’s recent proposal to provide states and other targeted entities with the option of submitting their first Assessment of Fair Housing (AFH) at a date later than the date by which HUD will require AFH submission by other local program participants. NCSHA and its member state Housing Finance Agencies (HFA) are committed to removing obstacles that impede anyone from accessing the affordable housing of their choice.

  • February 10, 2015

    In the decision below, the United States Court of Appeals for the Federal Circuit held that the Federal Grant and Cooperative Agreement Act, 31 U.S.C. § 6301, et seq., requires that HUD use procurement contracts rather than cooperative agreements when partnering with Public Housing Agencies in each state to administer the Project-Based Rental Assistance Program under Section 8 of the Housing Act. This decision threatens the ability of the Council’s members to fulfill the critical mission of providing housing assistance to low-income families. It also threatens more generally the use of cooperative agreements by the federal government when entering into partnerships with state and local entities to fulfill important public purposes, with billions of dollars at stake.

  • February 03, 2015

    The Administration yesterday sent Congress its FY 2016 Budget, proposing funding for all federal programs, including HUD and the Department of Agriculture’s (USDA) rural housing programs. The Budget proposes a total of $1.091 trillion in discretionary spending for FY 2016, including $530 billion for non‐defense programs and $561 for defense programs.

  • January 20, 2015

    The National Council of State Housing Agencies (NCSHA) appreciates this opportunity to comment on the Affirmatively Furthering Fair Housing (AFFH) Assessment Tool. NCSHA and its member state Housing Finance Agencies (HFAs) are committed to providing quality affordable housing opportunities for low- and moderate-income households free from discrimination. Central to our vision of an affordably housed nation is the goal of removing obstacles that impede anyone from accessing the affordable housing of their choice. NCSHA welcomes the opportunity to work with HUD to further fair housing across the nation.

  • November 24, 2014

    NCSHA strongly commends FHFA for laying out a strong blueprint for overseeing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (FHLB). The proposed Strategic Plan strikes a proper balance between safeguarding these entities’ fiscal health and ensuring that they continue to support a liquid and accessible housing finance market. It also builds effectively on recent steps FHFA has taken to strengthen its focus on one of the key elements of FHFA’s core mission—ensuring that its regulated entities “serve as a reliable source of liquidity and funding for housing finance and community investment.”

    While NCSHA supports the overall approach FHFA proposes to take in the draft Strategic Plan, we believe there are a few places it can be strengthened to emphasize the importance of broadening access to credit and partnering with state HFAs.

  • July 29, 2014

    Thank you for the opportunity to comment on the rule proposed by the U.S. Department of Housing and Urban Development (HUD) on July 10, 2013 at 78 Fed. Reg. 41339-41342. The proposed rule would require mortgagees participating in FHA multifamily mortgage insurance programs to return to FHA the excess bond funds that remain after FHA’s payment is used to satisfy the bonds. When a mortgagee finances mortgages through the issuance or sale of bonds or through bond anticipation notes, the mortgagee uses the FHA insurance claim funds to pay off the remaining bond debts. At times, the amount paid by the FHA insurance claim is greater than the remaining bond debts. The proposed rule would require mortgagees to return to FHA the excess funds that remain after FHA's payment is used to satisfy the bonds.

  • April 25, 2014

    Thank you for the opportunity to provide testimony on behalf of our Housing Finance Agency (HFA) members regarding FY 2015 appropriations for HUD programs. As you consider your FY 2015 HUD appropriations bill, we urge you to restore HOME formula grant funding to $1.6 billion, equal to its FY 2011 funding level, and provide Section 8 funding adequate to renew all expiring project-based contracts for a full year, fully fund all authorized Housing Choice Vouchers (vouchers), provide new incremental vouchers in FY 2015, allocate new flexible rental assistance to state HFAs, and ensure that successful HFA project-based contract and voucher administrators continue in and are adequately compensated for these roles. We also ask you to provide authority for Ginnie Mae to securitize FHA-HFA Multifamily Risk-Sharing program loans.

  • April 21, 2014

    Thank you for the opportunity to provide testimony on behalf of our State Housing Finance Agency (HFA) members. As you consider the FY 2015 USDA appropriations bill, we urge you to provide FY 2015 program funding levels for Rural Housing Service (RHS) programs adequate to maintain assistance for those currently receiving it, allow new families needing assistance to access it, and provide for the construction, rehabilitation, and preservation of rural affordable housing. We also ask that you ensure USDA does not administratively remove some Section 521 Rental Assistance from use.