Texas

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Texas Department of Housing and Community Affairs (TDHCA) has posted an update for the Multifamily Housing Division to its website.

The Texas Department of Housing and Community Affairs (TDHCA) has posted final versions of the 2013 Housing Tax Credit Program Qualified Allocation Plan (QAP) and 2013 Uniform Multifamily Rules, as approved by the Governor and the Texas Register. TDHCA has also posted a list of frequently asked questions on its website related to the competitive (9%) housing tax credit program.

The Texas Department of Housing & Community Affairs has released several updates for its multifamily housing programs.

The Texas Department of Housing & Community Affairs has released its final version of its 2013 Qualified Allocation Plan (QAP) and Uniform Multifamily Rules as approved by the Governor.

The Internal Revenue Service (IRS) announced in Revenue Procedure 2012-41 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2013.

The Internal Revenue Service (IRS) recently published Revenue Procedure 2012-42, which indicates the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers for 2012. These carryovers, which amounts to nearly $2.43 million in unused credits, have been allocated to 34 states.

The Texas Department of Housing and Community Affairs (TDHCA) has opened the public comment period for its proposed 2013 HOME, Housing Tax Credit and Housing Trust Fund Regional Allocation Formula (RAF) Methodology. TDHCA will also continue to accept public comments on several of its multifamily plans and rules through October 22, 2012.

The Governing Board of the Texas Department of Housing and Community Affairs has approved drafts of the 2013 Uniform Multifamily Rule, Qualified Allocation Plan, and Multifamily Housing Revenue Bond Rule.

The Texas Department of Housing & Community Affairs has released the staff draft of its 2013 Multifamily Programs Rules. This document includes the Uniform Multifamily Rules, the Qualified Allocation Plan and the Multifamily Bond Rules.

The Texas Department of Housing and Community Affairs (TDHCA) will be hosting a series of workgroups and an online discussion forum to discuss proposed changes to the 2013 Uniform Multifamily Rules and Qualified Allocation Plan.

The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (TDHCA) has posted on their website a memorandum regarding clarifications the allocation process for the 2012 Competitive (9%) Housing Tax Credits. The purpose of the memorandum is to convey to the public two challenges that may need to be considered and addressed during the staff’s award recommendations at the July 26th, 2012 Board meeting.

The Texas Department of Housing and Community Affairs (TDHCA) has posted the following documents related to the 2012 Competitive 9% Housing Tax Credit Program to the Department’s website.