A DRAFT of the 2019 Housing Tax Credit Site Demographic Characteristics Report has been posted to TDHCA’s website: http://www.tdhca.state.tx.us/multifamily/apply-for-funds.htm. The final Site Demographic Characteristics Report will be posted using an updated property inventory after the board meeting of November 8, 2018. Users of the Site Demographic Characteristics Report are asked to send questions and feedback […]
In coordination with the Texas Apartment Association (“TAA”), the Texas Department of Housing and Community Affairs (“TDHCA”) will present Housing Tax Credit (“HTC”) Compliance Training in El Paso on Tuesday, Oct. 30, 2018, from 8:30 a.m. to 4:30 p.m. El Paso local time, at Wyndham El Paso Airport, 2027 Airway Blvd, El Paso, TX 79925. […]
This notice relates to all Texas properties under an active Housing Tax Credit (“HTC”) Land Use Restriction Agreement (“LURA”). The Texas Department of Housing and Community Affairs (“TDHCA”) reminds Owners that 10 TAC Section 10.408(b) prohibits Development Owners who received an award of credits on or after Jan. 1, 2002, from requesting a Qualified Contract […]
This is a reminder that drafts of the 2019 Qualified Allocation Plan (“QAP”), the Multifamily Housing Revenue Bond Rule, and the Multifamily Direct Loan Rule were posted for public comment to the Texas Department of Housing and Community Affairs’ (“TDHCA”) website on Sept. 21, 2018. The public comment period remains open until Friday, Oct. 12, […]
The Texas Department of Housing and Community Affairs (“TDHCA”) has released the Proposed New 10 TAC Chapter 13, Multifamily Direct Loan Rule. The public comment period on the Proposed New Multifamily Direct Loan Rule will be accepted until Friday, Oct. 12, 2018, at 5 p.m. Austin local time. The proposed rule can be found on […]
The next meeting of the Disability Advisory Workgroup (“DAW”) will take place on Wednesday, Oct. 10, 2018. The Texas Department of Housing and Community Affairs (“TDHCA”) staff believe that consultation with community advocates, funding recipients and potential applicants for funding is an essential prerequisite to the development of effective policies, programs and rules. In order […]
The Texas Department of Housing and Community Affairs (“TDHCA”) Asset Management Division would like to remind Owners and Management Agents of Housing Tax Credit (“HTC”) Developments that a fully executed and recorded HTC Land Use Restriction Agreement (“LURA”) must be received by TDHCA by Monday, Dec. 31, 2018, for any Development with buildings beginning their […]
Registration is now open for the “Interactive Environmental Workshop” for HUD funded projects hosted by the Texas Department of Housing and Community Affairs (“TDHCA”). The workshop will provide hands-on training of the U.S. Department of Housing and Urban Development’s (“HUD”) Environmental Regulations found in 24 CFR Part 58, as well as National Housing Trust Fund […]
The Texas Department of Housing and Community Affairs (“TDHCA”) announces a Roundtable on the “EARAC and PPR Rule” (formally, 10 TAC Chapter 1, Subchapter C, Previous Participation). This rule was presented in draft form to the TDHCA Governing Board on Thursday, Sept. 6, 2018; the Board directed staff to discuss the draft further at a […]
In coordination with the Texas Apartment Association (“TAA”), the Texas Department of Housing and Community Affairs(“TDHCA”) will present Housing Tax Credit (“HTC”) Compliance Training in Austin on Wednesday, Sept. 12, 2018, from 8:30 a.m. to 4:30 p.m. Austin local time, at Norris Conference Center, 2525 W. Anderson Lane, Austin, TX 78757. This training will be […]
In all of the 50 largest cities across the country (or the “central cities”), 75 percent of the Extremely Low Income (ELI) population is rent “burdened” and paying more than 30 percent of their income for housing, according to a new report issued by Bill Brauner, Director of Housing & Preservation at the Community Economic Development Assistance Corporation (CEDAC) in Boston.
Read on for a summary of changes.