Texas

Representatives from the Texas Bond Review Board will discuss the lottery process, lottery application requirements and how to proceed in the oversubscribed regions and sub-ceilings on a webinar from 10:00 – 11:00 am CT on January 30. Attendees will learn about legislative changes that increase demand earlier in the private activity bond program year.

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division posted a template of the 2020 nine percent LIHTC Pre-Application Form. This document is for planning purposes only and should not be submitted to TDHCA. TDHCA also posted the 2020 nine percent LIHTC Quantifiable Community Participation Neighborhood Information Packet and the 2020 Multifamily Application Procedures Manual.

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division posted the following Multifamily Direct Loan 2020 Notices of Funding Availability (NOFAs) that were recently approved by TDHCA’s Governing Board:

In preparation for the 2020 program year and for those intending to submit applications for four percent Low-Income Housing Tax Credits (i.e. Tax-Exempt Bond Developments), the Texas Department of Housing and Community Affairs (TDHCA) reminds applicants of the Administrative Deficiency process relating to Tax-Exempt Bond Developments.

The 2020 Texas Qualified Allocation Plan (QAP) was approved by Texas Governor Greg Abbott on Tuesday, November 26, 2019, with modifications found in 10 TAC Section 11.9(c)(6).  As of this notice on Wednesday, November 27, 2019, the 2020 QAP has not been published in the Texas Register. The Texas Department of Housing and Community Affairs’ […]

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance Division posted the following 2020 Multifamily Uniform Application materials:

The Texas Department of Housing and Community Affairs’ (TDHCA) posted the 2020-2 Multifamily Direct Loan Special Purpose Notice of Funding Availability (2020-2 NOFA), which announces the availability of National Housing Trust Fund (NHTF) for four percent-layered applications that received advance notice of Certificate of Reservation from the Texas Bond Review Board under the 2020 Lottery.

The Texas Department of Housing and Community Affairs (TDHCA) released the 2020 Housing Tax Credit Site Demographic Characteristics Report. The report lists all of the “places” in Texas and the place’s population, region numbers, which metropolitan statistical area they are located in and rural or urban designation. The population data is derived from table B01003 […]

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance Division posted the 2020 draft Multifamily Uniform Application. The draft application may be submitted to TDHCA by applicants for the Multifamily four percent LIHTC program and/or the Multifamily Direct Loan program, but may not be submitted by applicants for the competitive nine percent LIHTC program.

Voters in multiple jurisdictions across the country approved housing- and mitigation-related ballot measures. Voters in Durham, NC approved a $95 million affordable housing bond by a 76 to 24 percent margin. The measure will be paired with $65 million in federal and local funding over the next five years to support affordable housing development and […]

The results from the Texas Bond Review Board (BRB) 2020 Private Activity Bond (PAB) Lottery on October 31, 2019 are now available. The Lottery is used to determine which applications that participated in the Lottery will receive a Certificate of Reservation (Reservation) in January 2020 from the 2020 PAB ceiling.

The Texas Department of Housing and Community Affairs Multifamily Finance Division will hold a Multifamily Uniform Application Webinar on November 21, 2019, beginning at 9:00 am CT. The webinar will highlight changes for the 2020 Cycle, including revisions to the Qualified Allocation Plan and the Multifamily Uniform Application, and will provide opportunities for Applicants to pose questions for Multifamily Finance Division staff.