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

Joint Letter to Treasury Requesting an Extension to ERA Reporting Deadline for Quarter 3 of 2022

NCSHA, along with other major national organizations representing Emergency Rental Assistance (ERA) grantees — the American Public Human Services Association, Council of State Community Development Agencies, National American Indian Housing Council, National Association of Counties, National Community Development Association, and National League of Cities — sent this October 11, 2022, letter to the Treasury Department requesting an extension of the ERA reporting deadline for Quarter 3 of 2022.

IRS Notice 2022-52: Housing Credit Coronavirus Relief Guidance Extension and Expansion

This notice extends and expands temporary relief originally provided under Notice 2020-23, Notice 2020-53, Notice 2021-12, and Notice 2022-05 from certain requirements under Section 42 of the Internal Revenue Code for Housing Credit properties in response to the ongoing COVID-19 pandemic.

Average Income Test Final and Temporary Regulations

This final rule sets forth guidance on the Housing Credit Average Income Test (AIT) minimum set-aside and also includes temporary regulations related to reporting on AIT compliance.

IRS Regulatory Relief Available During COVID-19 Pandemic

On January 11, IRS issued Notice 2022-05 providing temporary relief to state Housing Credit allocating agencies, owners, and residents of Housing Credit properties in response to the COVID-19 pandemic. Notice 2022-05 is the fourth notice to extend Housing Credit deadlines and provide waivers of certain program rules since the onset of the COVID-19 pandemic. This matrix compares the accommodations IRS provides in Notice 2022-05 to recommendations for COVID-19 guidance NCSHA sent to IRS in letters in August and October 2021 and to existing disaster relief IRS provides under Revenue Procedures 2014-49 and 2014-50, which are applicable in cases of a presidentially-declared major disaster.

Featured HAF Program: Idaho Homeowner Assistance Fund

Idaho homeowners, if you’ve fallen behind on your house payments, you’re not alone. Help is here for Idaho homeowners who’ve experienced financial hardship because of the COVID-19 pandemic. Get started here.

NCSHA Joins Coalition Letter Expressing Concerns About Disclosure Legislation

NCSHA recently joined the Government Finance Officers Association, National Association of Counties, U.S. Conference of Mayors, the National League of Cities, and other municipal finance groups as signatories on a letter to congressional leaders expressing concerns about S. 4295, the Financial Data Transparency Act, and its possible inclusion as an amendment to the FY23 National Defense Authorization Act.

NCSHA Comments on HUD HAPSS Draft Solicitation

On September 28, 2022, NCSHA sent the U.S. Department of Housing and Urban Development this letter urging it to withdraw or substantially revise its draft solicitation to procure contractors to provide Housing Assistance Payments contract support services (HAPSS) to HUD to help it administer approximately 17,000 project-based rental assistance contracts.

Updated IRS FAQs on Taxability of Payments from Coronavirus State and Local Fiscal Recovery Funds

On September 28, 2022, the Internal Revenue Service updated its Frequently Asked Questions (FAQs) pertaining to the tax treatment of various benefits funded through Coronavirus State and Local Fiscal Recovery Funds (SLFRF). The new FAQs clarify that down payment assistance for home buyers funded through SLFRF is not considered federal taxable income, meaning homeowners will not have to report the assistance as income and government entities do not have to issue 1099 forms to recipients of assistance. The updated FAQs also clarify that SLFRF assistance provided to home buyers to help pay mortgage insurance premiums also does not qualify as federal taxable income.

Request for Information: Green and Resilient Retrofit Program

On September 22, 2022, the U.S. Department of Housing and Urban Development released a preview version of a Request for Information requesting comments on its new Green and Resilient Retrofit Program (GRRP). HUD is establishing the GRRP pursuant to a section of the Inflation Reduction Act providing $1 billion to HUD for energy and water efficiency retrofits and climate resilience of HUD-assisted multifamily properties.

Analysis: The Bipartisan Infrastructure Law — Implications for Affordable Housing

NCSHA commissioned UpLook Advisors to perform a high-level assessment of the 2021 Bipartisan Infrastructure Law’s implications for housing. The analysis highlights a number of new and existing...