Federal Home Loan Bank (FHLB) Dallas has released its 2025 Affordable Housing Advisory Council Annual Report, highlighting $134.3 million in affordable housing and community investment funding across Arkansas, Louisiana, Mississippi, New Mexico and Texas. The report includes major investments in rental housing, first-time homebuyer assistance, disaster recovery, storm-resilient roofs, heirs’ property support, housing counseling and […]
The Department of Housing and Urban Development (HUD) closed its civil rights investigation into the alleged improper distribution of $1 billion in Hurricane Harvey relief funds through the CDBG-Mitigation program by the Texas General Land Office (GLO). HUD began its investigation in 2021 after the Houston Chronicle and local non-profits found that the funds had been disproportionately distributed to inland counties that suffered less damage from Hurricane Harvey and were at a lesser risk from future storms than Houston and Harris County. This investigation raised concerns that the distribution of funds was in violation of Title VI, the Fair Housing Act, and the Housing and Community Development Act. In 2022, HUD found that the funds had been unfairly allocated, and in January 2025 reaffirmed that conclusion, adding that […]
The Federal Home Loan Bank of Dallas announced the appointment of two new members and the reappointment of three current members to its 14-member Affordable Housing Advisory Council. New Appointments: Justin Brooks, representing Mississippi, serves as executive director and president of the South Mississippi Housing Authority in Gulfport, Mississippi, the state’s largest housing authority servicing 10,000 households in 14 counties. Mr. Brooks, with […]
FHLB Dallas awarded $73.5 million in AHP General Fund grants in 2025 to support 53 affordable housing projects through 26 member institutions. The grants will create 3,777 new or rehabilitated housing units. The funds will be dispersed among the following states:
A bill recently introduced in Texas would prohibit the allocation of LIHTCs for developments in certain school districts.
Governor Greg Abbott announced that the Texas Department of Housing and Community Affairs (TDHCA) awarded over $99 million in housing tax credits that will help finance the development or rehabilitation of 63 rental properties, offering reduced rents and increased housing options for Texans across the state.
Texas Governor Greg Abbott (R) recently signed H.B. 1058, which creates a $25 million State LIHTC for up to the amount of Federal LIHTC allocation amount for each property.
Texas Governor Greg Abbott (R) recently signed legislation that gives priority in the allocation of multifamily housing private activity bonds (PABs) to properties that previously received an allocation but need additional PAB issuance to maintain compliance with the 50 percent financed-by test.
The Texas Department of Housing and Community Affairs (TDHCA) and the Texas Apartment Association (TAA) are presenting virtual LIHTC Training on June 22 from 8:30 a.m. to 4:30 p.m. CT.
As part of the QAP roundtable process, the Texas Department of Housing and Community Affairs (TDHCA) is soliciting comments and suggestions about its multifamily uniform application form(s).
The Texas Department of Housing and Community Affairs (TDHCA) received approval of its HOME American Rescue Plan (ARP) Allocation Plan from HUD.
The Texas Department of Housing and Community Affairs updated its Rent Approval Tool for owners of developments that received HOME, Neighborhood Stabilization Program (NSP), National Housing Trust Fund (NHTF) and Tax Credit Assistance Program – Repayment Funds (TCAP-RF) funds.