Texas

In response to the severe storms and flooding May 26, 2016 – June 24, 2016, a Federal Disaster Declaration has been issued for the following counties: Austin, Bastrop, Brazoria, Brazos, Burleson, Eastland, Fort Bend, Grimes, Hidalgo, Hood, Lee, Liberty, Montgomery, San Jacinto, Stephens, Travis, Tyler, Waller and Washington.

The Multifamily Finance Division of the Texas Department of Housing and Community Affairs is holding a planning session for the 2017 Qualified Allocation Plan on 5/25/2016.

TDHCA will hold a Roundtable meeting on Tuesday, May 10, 2016, from 1:30 to 4:30 p.m. Austin local time, to gather stakeholder input for the National Housing Trust Fund Allocation Plan to be submitted to HUD.

The Texas Department of Housing and Community Affairs posted to its website a schedule for public hearings for purposes of taking public comment on the 2016 Competitive (9%) Housing Tax Credit.

City Real Estate Advisors appointed Rachel Thomas to vice president of acquisitions. Thomas will be responsible for identifying, structuring and closing affordable housing equity opportunities throughout Texas and surrounding states.

The Texas Department of Housing and Community Affairs has posted to its website a list of Frequently Asked Questions (“FAQ”) posed by Applicants for Competitive (9%) Housing Tax Credits.

The public hearing will take place on Thursday, January 14.

Texas Department of Housing and Community Development will host a Multifamily Training on February 2-3, 2016.

The Texas Department of Housing and Community Affairs has posted to its website the link to the 2016 Competitive Housing Tax Credit Pre-Application. A webinar covering the jotform pre-application is also posted.

The Texas Department of Housing and Community Affairs Division of Multifamily Finance uses one Uniform Multifamily Application to review and approve requests for funds, including 9% housing tax credits.

Up to $23,109,096 in Multifamily Direct Loan funding for the development of affordable multifamily rental housing for low-income Texans is available to for-profit and nonprofit entities that meet the requirements of the NOFA.

Texas Department of Housing and Community Affairs announced that Sharon Gamble has accepted the position of Housing Tax Credit Program Administrator with the Multifamily Division.