The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division posted the Assignment and Acceptance of Control form on its website at: http://www.tdhca.state.tx.us/multifamily/apply-for-funds.htm.
The Assignment and Acceptance of Control form is to be used by Development Owners, for purposes under 10 TAC Section 1.301(c)(9), to document that the Applicant is not in Control of a Development with Events of Noncompliance for purposes of management and compliance. The document may be revised by the Development Owner, as needed, to reflect the number of Control Parties as reflected in a newly-submitted organizational chart for the Development Owner. Only to the extent that an Applicant is intending for their portfolio to be reviewed as described by 1.301(c)(9), should this form be included with the PPR materials submitted with your Application. If you are not contemplating your portfolio being reviewed under 1.301(c)(9), you do not need to complete this document.
Questions regarding this email should be directed to TDHCA Competitive Housing Tax Credit Program Administrator Sharon D. Gamble at sharon.gamble@tdhca.state.tx.us or 512-936-7834.
