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Housing Call: August 17, 2021

Around the State

NC House Budget Proposal

NC Housing Trust Fund NCHFA $7.6 M $7.6 M
HOME Match NCHFA $ 3 M $ 3 M
Workforce Housing Loan Program* NCHFA $200 M over biennium (to be used as gap financing)
CDBG-NR Commerce $15.4 M $15.4 M
CDBG-Rural Development Commerce $5 M $5 M
Rapid Rehousing* DHHS $15 M
Rural Economic Development Division* Commerce $50 M
Infrastructure to Support Affordable Housing DEQ $42.4M
Habitat for Humanity (Disaster Recovery) NCORR $20 M

 

Homeowner Assistance Fund 

NCHFA is preparing to administer HAF program. In the meantime, they are collecting contact information for homeowners who are facing difficulties and they are being referred to the State Home Foreclosure Prevention Project (SHFPP). Homeowners can call 1-888-442-8188 to find a counselor in their area.

NCHFA announces 2021 LIHTC awards:2021 Awards List.xlsx

National

Senate Democrats approve the budget resolution, teeing up $3.5T spending plan

US District Court Judge Leaves CDC Eviction Moratorium in Place

Readout of Attorney General Merrick B. Garland and Associate Attorney General Vanita Gupta’s Meeting with State Chief Justices (RE: Eviction Diversion & ERA)

Federal Housing Finance Agency considering using rental payment history in underwriting for first-time homebuyers

 

Reports/Resources

Treasury Emergency Rental Assistance (ERA) Dashboard

American Heart Association – Importance of Housing and Cardiovascular Health and Well-Being: A Scientific Statement From the American Heart Association

National Public Radio – The Hallway, Not Courtroom, Is Where Things Really Get Done At This Eviction Court

 

Guest: 

Mark Shelburne

Novogradac

Mark.Shelburne@nc-llp.com

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Housing Call: August 3, 2021

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