Texas
Texas Announces Nine Percent Credit Recipients
The Texas Department of Housing and Community Affairs (TDHCA) posted a list of 2019 Competitive Housing Tax Credit Applications that are eligible for an award of tax credits for the 2019 program year, and a revised Application Log.
Texas 2020 QAP Roundtable – June 26
The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (TDHCA) will hold the fourth and final planning meeting for its 2020 QAP on June 26, 2019. The roundtable will be held from 2 to 5 pm, CDT at the William B. Travis Building, Room 1-100, 1701 Congress Ave, Austin, TX 78701.
Texas Hosting Multifamily Supportive Roundtable – June 27
The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (TDHCA) will hold a Multifamily Supportive Housing Roundtable on Thursday, June 27, 2019, from 2 to 5 pm, CDT, at TDHCA headquarters, 221 E. 11th Street, Room 116, Austin, TX, 78701.
Texas Posts Online Mapping How-To Guide
The Multifamily Finance Division of the Texas Department of Housing and Community Affairs is considering awarding points for proximity to jobs in its 2020 QAP and posted a “how-to guide” for using an online mapping tool to count jobs near a given Development Site or address.
Texas Regional Allocation Formula Methodology Hearing – May 29
The Texas Department of Housing and Community Affairs (TDHCA) will hold a public hearing to accept public comment on the Draft 2020 Regional Allocation Formula (RAF) Methodology on May 29 at 2:30 pm CDT.
Red Mortgage Capital, Related Companies and Texas Housing Foundation Close $22 Million Rural Affordable Portfolio
Red Mortgage Capital recently closed a $22 million portfolio with a joint venture between Related Affordable and the Texas Housing Foundation. The funding will enable Related to substantially rehabilitate 14 properties located in 12 rural Texas communities, preserving the affordability of 556 housing units.
HUD Awards $1.5 Billion To Support Disaster Recovery in 7 States
HUD awarded nearly $1.5 billion to support seven states in their recovery from 2018 disasters, including Hurricane Michael, Hurricane Florence and wildfires in California.
Texas Multifamily Special Purpose NOFA
The Texas Department of Housing and Community Affairs (TDHCA) posted the 2019-2 Multifamily Predevelopment Special Purpose NOFA Application Log.
TDHCA Disability Advisory Workgroup Meeting – May 8
The next meeting of the Texas Department of Housing and Community Affairs (TDHCA) Disability Advisory Workgroup (DAW) will take place on May 8, 2019 from 1-2:30 pm CDT.
Red Stone Provides $85 Million in Bond Financing in Four Days
Red Stone Tax-Exempt Funding (Red Stone) successfully structured and closed three tax-exempt and taxable bond transactions totaling $85.27 million via its Red Stone Direct investment platform. These investments will provide debt financing for the new construction of affordable rental communities in California, Texas, and Utah.
Texas LIHTC Compliance Training – May 8
The Texas Department of Housing and Community Affairs (TDHCA) will host a LIHTC compliance training in San Antonio on May 8 from 8:30 am to 4:30 pm CDT at the Norris Conference Center – San Antonio, 618 NW Loop 410, Ste. 207, San Antonio 78216. Lunch will be provided from noon to 1 pm.
Texas QAP Planning Meeting – April 24
The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (TDHCA) will hold the second planning meeting for the 2020 Qualified Allocation Plan (QAP) on April 24 from 2-5 pm CST, in the Stephen F. Austin Building, Room 170 – 1700 Congress Avenue.