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Housing Call: April 21, 2020

Call Notes:

Around the State

General Assembly Update

Reopening with access to LB & LOB to members, staff & some media; very limited

  •  Will need 26 senators and 51 house members physically present in order to pass anything
  • Further guidance will be issued on how meetings of standing committees and other committees will be held and how the public can participate in that process remotely
  • Some appropriations are expected along with a few COVID-19 related bills (healthcare is priority)
  • Expected to come back in June/July and deal with more budget items (another bite at the apple)

COVID-19 Response Coordination in Governor’s Office

There is a small team within OSBM that is being formed to play point on the COVID-19 recovery similar to the Office of Economic Recovery and Investments that was formed after the foreclosure crisis. At its peak, OERI had up to 20 employees who were time-limited whose charge was to coordinate, work with others, provide guidance, make sure there is a clean audit, etc. Barbara Baldwin is temporarily heading this effort up as it is being formalized. She led OERI from 2011 to its closure. 

CDBG

Little guidance to the state apart from the legislation. 

Update on Raleigh Affordable Housing Bond

  • City put up a website: follow along what is happening (meetings, info, etc)
  • Currently doing a survey on what the public thinks the focus of bond should be: 
  • Bond committee meets next on 4/24 Fridays 11:30am-12:30pm via zoom
  • Email Judith.blaeske@raleighnc.gov for the call-in number/info. 

NC Eviction Scorecard

Matthew Desmond/Eviction Lab released scorecards on Monday evaluating each state’s COVID-19 related responses regarding housing stabilization (i.e. protections against eviction & foreclosure) 

  • NC scored poorly = 0.6 out of 5 

https://evictionlab.org/covid-policy-scorecard/nc/

 

National

Legislation Update

Work continues to get agreement on the next COVID-19 relief packages

Right now looks like the focus of the next bill will be financial aid to small businesses and hospitals

There is little mention of what housing support will be included, although there is talk of things like: 

  • Fixing the 4% rate;
  • Some sort of rental subsidy;
  • A historic investment in the HOME Partnerships Program; and
  • Increased investment in ESG

You can find our recommendations to the NC Congressional delegation here. 

Rent & Mortgage Cancellation Act 

Representative Ilhan Omar (D-MN) introduced a bill on April 17 

  • institute nationwide cancellation of rents and home mortgage payments through the duration of the coronavirus pandemic

IRS Extensions Related to LIHTC

Among the deadlines extended for low-income housing tax credit properties are the 10 percent of reasonably expected basis test, the 24-month period for minimum rehabilitation expenses, annual owner certification of compliance and more. 

 

Reports/Resources/Events

HUD Hosting Listening Session on Rural Impacts – Wed 4/22 at 2pm

Rural Gateway Peer-to-Peer Conference Call: The Economic Impact of COVID-19 on America’s Rural and Underserved Communities: A Listening Session for Local Leaders. 

Please register at  https://ems8.intellor.com?do=register&t=1&p=825082 

NLIHC – searchable database of rental properties that federal eviction moratorium applies to

For tenants to figure out if the property they reside in is covered

https://nlihc.org/federal-moratoriums?utm_source=NLIHC+All+Subscribers&utm_campaign=c97724a457-EMAIL_CAMPAIGN_2020_04_02_06_44_COPY_01&utm_medium=email&utm_term=0_e090383b5e-c97724a457-292697557

Journal of Health Care for the Poor and Underserved – “Rental Assistance and Adult Self-Rated Health,” 

GUEST: Greg Kirkpatrick, Habitat NC

Recommended read

Policy Update 4-15-20

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