NCSHA
NCSHA Releases Updated Model LIHTC Compliance Forms
NCSHA released revamped model forms for LIHTC compliance monitoring, developed in collaboration with its members and stakeholders. NCSHA’s Recommended Practices in LIHTC Administration encourage housing finance agencies to adopt model forms, which help standardize compliance monitoring practices across states and create efficiencies for development owners and other LIHTC industry professionals.
NCSHA Asks IRS to Rescind LIHTC Compliance Monitoring Regulations
The National Council of State Housing Agencies (NCSHA) sent a letter to the Internal Revenue Service urging it to rescind its recent amendments to the LIHTC compliance monitoring regulations.
NCSHA Urges Treasury and IRS to Provide Guidance to HUD on Income Limits for Income Averaging Developments
The National Council of State Housing Agencies sent a letter to the Department of the Treasury and IRS urging them to expedite guidance to HUD on how it should establish income limits for the 20, 30, 40, 70, and 80 percent of area median income (AMI) levels necessary for Housing Credit projects that elect to use the average income test for their minimum set-asides.
NCSHA Publishes Opportunity Zone Fund Directory
The National Council of State Housing Agencies has published an online “Opportunity Zone Fund Directory,” which is a compilation of Opportunity Zone funding opportunities. This resource provides descriptions and contact information for publicly-announced funds that have been formed for the purpose of attracting investment in Opportunity Zones. NCSHA is tracking only multi-project opportunity funds. NCSHA […]
NCSHA Announces New Board of Directors
The National Council of State Housing Agencies (NCSHA) held its 2018 Board election on October 14 in Austin during the association’s 48th Annual Conference & Showplace. Voted on by the member state housing finance agencies (HFAs), NCSHA’s newly-elected Board officers are: President: Tia Boatman Patterson | California Housing Finance Agency Vice President: Scott Spivey | […]
NCSHA Releases Anticipated Research on Development Costs
On September 7, the National Council of State Housing Agencies (NCSHA) has released a much anticipated the report by Abt Associates entitled “Variation in Development Costs for LIHTC Projects.”
NCSHA Publishes Q&A Document on Income Averaging
The document answers technical questions about income averaging, makes recommendations for how states can implement income averaging, and identifies issues states should consider.
NCSHA Appoints Stockton Williams Executive Director
Williams currently serves at the Urban Land Institute as Executive Vice President of Content and Executive Director of the Terwilliger Center for Housing. His appointment is effective April 2.
NCSHA Publishes Final Recommended Best Practices in Housing Credit Administration
The report is significant in that states will generally respond to the best practices through policy changes in their QAPs.
NCSHA Names Garth Rieman Interim Executive Director
Former executive director Barbara J. Thompson stepped down on December 31 after 30 years with NCSHA, serving the last 16 years in the role of executive director.
MassHousing Executive Director Reelected President of NCSHA
MassHousing Executive Director Thomas R. Gleason has been reelected President of the Board of Directors of the National Council of State Housing Agencies.
NCSHA 2011 Factbook Details HFA Program Activity
The National Council of State Housing Agencies (NCSHA) recently released its 2011 Factbook, a comprehensive survey of housing finance agency (HFA) program activity.