Webinar: Generating Additional Funding with Recycled Bonds Learn more.

Resource Center

Looking for talking points or FAQs to prepare for a meeting on Capitol Hill? A copy of NCSHA’s annual Factbook? Housing research and analysis? A presentation from a recent conference to share with a colleague? A reference guide for Housing Credit, HOME, MRBs, or Section 8 program administration? You’ve come to the right place: The NCSHA Resource Center is your source for this important information and much more. Refer to the right sidebar to see resource categories or use the search bar to search resources by topic.

NCSHA Members: Looking for a specific resource from a past event or conference? Please contact us for assistance.

Emergency Housing Assistance Updates

Divider

ACTION Letter to Senate Banking Committee in Advance of April 2023 Hearing on Affordable Housing

On April 25, 2023, the ACTION Campaign, which NCSHA co-chairs, sent this letter to Senate Banking Committee Chair Sherrod Brown (D-OH) and Ranking Member Tim Scott (R-SC) in advance of the committee's April 26 hearing on affordable housing, proactively addressing previous criticism of the Housing Credit program.

NCSHA Comment Letter on 2023 Affirmatively Furthering Fair Housing Proposed Rule

On April 21, 2023, NCSHA submitted comments to the U.S. Department of Housing and Urban Development on the 2023 Affirmatively Furthering Fair Housing Proposed Rule.

Underserved Mortgage Markets Coalition Press Release on FHFA Proposed Fair Lending Oversight Rule

On April 19, 2023, NCSHA signed onto a press release by the Underserved Mortgage Markets Coalition (UMMC) regarding the Federal Housing Finance Agency’s proposed rule on Fair Lending Oversight. The press release expresses support for FHFA’s proposal to codify into federal regulations the requirement that Fannie Mae and Freddie Mac publish and maintain Equitable Housing Finance Plans.

IRS Revenue Procedure 2023-22: New MRB and MCC Purchase Price Limits and Safe Harbors

On April 19, 2023, the Internal Revenue Service published Revenue Procedure 2023-22, which revises the nationwide average purchase price limits and the average area purchase price safe harbors for the Mortgage Revenue Bond (MRB) and Mortgage Credit Certificate (MCC) programs. The revenue procedure establishes the new MRB and MCC purchase price limits by taking the Federal Housing Administration single-family loan limits released in December 2022 and dividing them by .883. It also sets the national average purchase price at $503,300 for computing the housing cost/income ratio, which determines which areas qualify as high-cost and are eligible for an increase in MRB/MCC income limits.

IRS Revenue Procedures 2023-32 and 2024-18 (National Pool)

Revenue Procedure 2022-37 (published within Internal Revenue Bulletin 2022-43) provides the Housing Credit National Pool amounts for qualified states for calendar year 2022. Twenty-seven states received unused Housing Credit carryovers from the National Pool.

NCSHA Comments to USDA on Single-Family Housing Guaranteed Loan Program Proposed Rule

NCSHA submitted comments on March 28, 2023, to the U.S. Department of Agriculture on a proposed rule for the Single-Family Housing Guaranteed Loan Program.

House Dear Colleague Letter: HOME Investment Partnerships Program FY 2024

Congresswoman Joyce Beatty (D-OH) circulated this sign-on letter to her colleagues in March 2023. Addressed to Chair Tom Cole (R-OK) and Ranking Member Mike Quigley (D-IL), the letter urges the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to increase funding for the HOME Investment Partnerships program to at least $2.5 billion for fiscal year 2024.

Senate Dear Colleague Letter: HOME Investment Partnerships Program FY24

Senator Chris Coons (D-DE) circulated this sign-on letter to his colleagues in the Senate in March 2023. The letter urges the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to increase funding for the HOME Investment Partnerships Program to at least $2.1 billion for fiscal year 2024.

HOME Coalition Sign-On Letter: FY 2024 Funding for HOME

On March 23, 2023, NCSHA, along with 749 national, state, and local organizations, sent this letter to Chair Brian Schatz (D-HI) and Ranking Member Cindy Hyde-Smith (R-MS) of the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) and Chair Tom Cle (R-OK) and Ranking Member Mike Quigley (D-IL) of the House Appropriations THUD Subcommittee to express strong support for $2.5 billion in funding for the HOME Investment Partnerships program in Fiscal Year 2024.

Joint Letter to OMB on BABA’s Impact on Affordable Housing

NCSHA and 23 other organizations sent this March 23, 2023, letter to the White House expressing concern over the impacts on affordable housing development and the cost of housing of the revised implementation guidance for the Build America, Buy America Act provisions of the Infrastructure Investment and Jobs Act.