Texas

The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (TDHCA) posted the 2020 Qualified Allocation Plan (QAP) Project Plan. The 2020 QAP Project Plan will guide staff’s stakeholder engagement process in order to develop ideas to be considered in the development of the 2020 QAP.

9% LIHTC applications will be prioritized over applications submitted under the 4% LIHTC program over the next several months, due to the July 31 statutory deadline associated with the processing and reviews of 9% LIHTC applications,

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted the following Multifamily Predevelopment items to its website:

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance Division published the 2019 Multifamily Direct Loan Program Overview Webinar and the 2019-1 Multifamily Direct Loan NOFA Application Log. TDHCA’s Multifamily Finance Division also posted an updated 2018-1 Multifamily Direct Loan NOFA Application Log.

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance Division has been made aware that Tab 12 of the 2019 Multifamily Uniform Application, related to Support Documentation for the Site Information Form Part III, does not list Site Control documents as documents that should be included in the Application. Per 10 TAC Section 11.204(10), documentation of Site Control is required at the time of Application submission. Applicants should refer directly to the rules when determining which documents to include in the Application.  

The Michaels Organization successfully closed on $61 million in financing for Mission Trail at El Camino Real, a new mixed-income housing community in San Marcos, Texas, that will serve the city’s growing workforce. The majority of the 352 apartments will be reserved for households earning 60 percent or less of the area median income, while 10 percent of the units will be reserved for individuals and families earning less than 140 percent of the area median income. The community will also offer 35 apartments without any income restrictions

On Feb. 1, HUD sent proposed changes to its disparate impact regulations to the Office of Information and Regulatory Affairs (OIRA) at the Office of Management and Budget (OMB). OIRA now has up to 90 days to review the changes and send them back to HUD to publish in the Federal Register.

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 […]

The Application Acceptance Period for the 2019 Competitive Housing Tax Credit (HTC) cycle is now open. To begin the Pre-application, visit  https://public.tdhca.state.tx.us/htc/t_htc_pre_app.init_entry.signup. Once opened, the link will require the Applicant to enter the primary contact person’s email address and the name of the Development. This information will be used to create a unique URL to […]

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted a webinar to introduce the 2019 Competitive Housing Tax Credit Pre-Application System. The webinar describes the pre-application system and provides information that will help applicants successfully submit the pre-application. Prior to the open of the Application Acceptance Period on January 4, […]

Good afternoon Program Participants and Other Interested Parties, THDA staff is aware that construction costs have risen significantly since original applications were submitted for 2018 Low-Income Housing Credit (“LIHC”). THDA staff expects to recommend to the THDA Board of Directors at the January 29, 2019, that, among other provisions, an amount of 2019 LIHC, as […]

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted the 2019 Multifamily Programs Procedures Manual (PDF) on its website at: http://www.tdhca.state.tx.us/multifamily/apply-for-funds.htm. More documents will be posted as they are finalized. If you have questions about any of the posted documents, please contact TDHCA Competitive HTC Program Administrator Sharon Gamble at […]