• March 22, 2017

    Section 101 - Average income test - Under current law, Housing Credit apartments serve renters with incomes up to 60 percent of area median income (AMI) and rents are comparably restricted. This section creates a new test that would allow the 60 percent of AMI ceiling to apply to the average of all apartments within a property rather than to every individual Housing Credit apartment. The maximum income to qualify for any Housing Credit apartment would be limited to 80 percent of AMI.

  • March 20, 2017

    Key Congressional Committee Rosters for NCSHA in the 115th Congress.

  • March 09, 2017

    Increases the annual per capita Housing Credit allocation and small state minimum by 50 percent, phased in over five years. The per capita allocation was last increased and indexed to inflation in 2004, and is currently $2.35. The current small state minimum is $2.71 million. The proposal increases these amounts, subject to inflation, to $3.53 and $4.065 million, respectively, by 2022.

  • January 05, 2017

    2013 Housing Credit Utilization Chart

  • November 15, 2016

    The U.S. Department of Housing and Urban Development (HUD) today released its annual report to Congress on the financial condition of the Federal Housing Administration’s Mutual Mortgage Insurance (MMI) Fund. The independent actuarial analysis shows the MMI Fund’s capital ratio grew by $3.8 billion and now stands at 2.32 percent—the second consecutive year since 2008 that FHA’s reserve ratio exceeded the congressionally required 2 percent threshold.

  • April 25, 2016

    FY 2017 Budget Chart

  • April 20, 2016

    Chart of HFA's USDA Marturing Mortgage Properties 2016-2019

  • February 26, 2016

    The House Ways and Means and Senate Finance Committees are the committees of jurisdiction over all tax programs, including the Housing Credit and tax-exempt private activity Housing Bonds. When meeting with tax committee members, ask them to take action in the following areas:

  • February 26, 2016

    The House and Senate Appropriations Committees determine annual funding levels for all discretionary spending programs, including HUD programs and rural housing programs administered by the Department of Agriculture (USDA). When meeting with Appropriations Committee members, especially Transportation-HUD and Agriculture Subcommittee members, ask them to take action in the following areas:

  • February 26, 2016

    The Senate Banking and House Financial Services Committees are the committees of jurisdiction over all HUD programs, including the Federal Housing Administration (FHA) and Section 8. The committees also oversee the housing Government-Sponsored Enterprises (GSEs), including Fannie Mae, Freddie Mac, Ginnie Mae, and the Federal Home Loan Banks (FHLBs).