In preparation for the 2019 Housing Tax Credit (HTC) Application Cycle, the Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has scheduled an Application Webinar to take place on Thursday, Nov. 29, 2018, and will begin at 9 a.m. Austin local time. The webinar will highlight changes for the 2019 Cycle, including […]
The Texas Department of Housing and Community Affairs (TDHCA) is releasing proposed rule actions for 10 TAC, Chapter 23, Subchapter B, Availability Of Funds, Application Requirements, Review And Award Procedures, General Administrative Requirements, And Resale And Recapture Of Funds, Section 23.24 Administrative Deficiency Process and 10 TAC, Chapter 23, Subchapter E, Contract for Deed Program, […]
In preparation for the 2019 Housing Tax Credit Application Cycle, the Texas Department of Housing and Community Affairs Multifamily Finance Division has scheduled an Application Webinar to be held on Thursday, November 29, 2018. The webinar will begin at 9:00 a.m., Austin local time. The webinar will highlight changes for the 2019 Cycle, including revisions […]
The Texas Department of Housing and Community Affairs (“TDHCA”) has posted to its website the Amended 2018-1 Multifamily Direct Loan Notice of Funding Availability (2018-1 NOFA) and an updated Application Log for applications received under the 2018-1 NOFA. As a result of the Third Amendment to the 2018-1 NOFA, Multifamily Direct Loan funding under the […]
Housing was on the ballot in many communities last week. Below are links to some notable highlights from around the country: San Francisco voters approved a tax on big business to fund permanent housing, emergency shelters and mental health services for the city’s homeless people. Economists said it would raise $250 million to $300 million. Portland-area […]
The TDHCA Multifamily Direct Loan Program will host an in-person roundtable discussion to receive input from stakeholders about the 2019 Multifamily Direct Loan NOFA. The purpose of the roundtable is to discuss and garner feedback related to the set-asides, interest rate, funding levels and other details as the 2019 NOFA is being drafted. An outline […]
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 […]