• June 18, 2013

    The July 2013 Housing Credit percentages are:
    7.46% for the 70% Present Value Credit
    3.20% for the 30% Present Value Credit

  • May 29, 2013

    On behalf of the state Housing Finance Agencies (HFAs) it represents, the National Council of State Housing Agencies (NCSHA) appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s (CFPB) January 10 proposed rule amending the Ability-to-Repay standards under the Truth in Lending Act. NCSHA commends CFPB for developing a final Ability-to-Repay rule and, within it, a Qualified Mortgage (QM) definition that will protect consumers and help to ensure that lenders and brokers follow responsible underwriting standards. We strongly support CFPB’s proposal to exempt loans originated through HFA programs from the ability-to-repay standards, which will ensure that HFAs can continue to offer low- and moderate-income borrowers responsible affordable loan products that fit their unique needs.

  • May 17, 2013

    The June 2013 Housing Credit percentages are:
    7.39% for the 70% Present Value Credit
    3.17% for the 30% Present Value Credit

  • April 25, 2013

    The Federal Housing Administration’s Office of Multifamily Housing is proactively making changes to better fulfill its mission, while doing more with less.

  • April 25, 2013

    HUD, like other Federal agencies is balancing programdelivery needs against the
    budgetary resources available to the Department. All office closure decisions were based
    on the business needs of the agency.

  • April 22, 2013

    The May 2013 Housing Credit percentages are:
    7.41% for the 70% Present Value Credit
    3.18% for the 30% Present Value Credit

  • April 01, 2013

    2013 Population Estimates by State

  • March 28, 2013

    On March 26, 2013, the President signed “H.R.933 -- Consolidated and Further Continuing Appropriations Act, 2013” which provides funding through September 30, 2013. The Bill also extends the eligible rural areas that were in effect as of September 30, 2012 until September 30, 2013 for Rural Housing Service rural housing programs.

  • March 19, 2013

    The April 2013 Housing Credit percentages are:
    7.43% for the 70% Present Value Credit
    3.19% for the 30% Present Value Credit

  • March 13, 2013

    On March 12, HUD Deputy Assistant Secretary Marie Head sent NCSHA and other stakeholders a memorandum on HUD’s plans to manage the funding of Section 8 project-based rental assistance (PBRA) under the cuts imposed by the Fiscal Year (FY) 2013 sequestration, or across-the-board cuts, applicable to all HUD programs.