Texas

The Texas Department of Housing and Community Affairs (“TDHCA”) Asset Management Division would like to remind Owners and Management Agents of Housing Tax Credit (“HTC”) Developments that a fully executed and recorded HTC Land Use Restriction Agreement (“LURA”) must be received by TDHCA by Monday, Dec. 31, 2018, for any Development with buildings beginning their […]

Registration is now open for the “Interactive Environmental Workshop” for HUD funded projects hosted by the Texas Department of Housing and Community Affairs (“TDHCA”). The workshop will provide hands-on training of the U.S. Department of Housing and Urban Development’s (“HUD”) Environmental Regulations found in 24 CFR Part 58, as well as National Housing Trust Fund […]

The Texas Department of Housing and Community Affairs (“TDHCA”) announces a Roundtable on the “EARAC and PPR Rule” (formally, 10 TAC Chapter 1, Subchapter C, Previous Participation). This rule was presented in draft form to the TDHCA Governing Board on Thursday, Sept. 6, 2018; the Board directed staff to discuss the draft further at a […]

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 Austin on Wednesday, Sept. 12, 2018, from 8:30 a.m. to 4:30 p.m. Austin local time, at Norris Conference Center, 2525 W. Anderson Lane, Austin, TX 78757. This training will be […]

In all of the 50 largest cities across the country (or the “central cities”), 75 percent of the Extremely Low Income (ELI) population is rent “burdened” and paying more than 30 percent of their income for housing, according to a new report issued by Bill Brauner, Director of Housing & Preservation at the Community Economic Development Assistance Corporation (CEDAC) in Boston.

Read on for a summary of changes.

This posting updates the award and waiting list published on Monday, July 23, 2018, to include information regarding underwriting reports completed since that posting. Applications identified as “Recommended” on the list were awarded HTC on Thursday, July 26, 2018.

The maximum per application request in all three set-asides has increased: $4 million for new construction and $3 million for rehabilitation under the General set-aside, $2 million regardless of the type of construction under the Supportive Housing/Soft Repayment set-aside, and $4 million regardless of the type of construction under the Community Housing Development Organization (“CHDO”) set-aside.

Multifamily Finance staff intends to release a staff DRAFT of the 2019 Qualified Allocation Plan (“QAP”) for stakeholder input. The staff DRAFT may include proposed revisions in light of the monthly roundtables held in 2018 as well as language improvements to address issues that have arisen in the administration of the 2018 QAP.

Florida’s Action Plan, which oversees $616 million, includes $100 million for workforce affordable rental new construction.

Public consultation will take place during June and July 2018 with 40 meetings held throughout the state, along with four conference calls, to gather input on the needs and goals of Texans for future use of federal program funds.

The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (“TDHCA”) held its last two scheduled meetings for the 2019 Qualified Allocation Plan (“QAP”) and Uniform Multifamily Rules on May 23, 2018, and May 25, 2018. To provide more opportunities for stakeholder input, staff has created two TDHCA Online Forums.