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) announced that Alena Morgan is the now the Competitive nine percent LIHTC Program Administrator.

The Compliance Division of the Texas Department of Housing and Community Affairs (TDHCA) will host a virtual roundtable on various utility allowance topics, such as common challenges and potential solutions, on October 13 from 1:30 to 2:30 p.m. CT. There is no cost for the roundtable, however, registration is required. Register here.

The Texas Department of Housing and Community Affairs (TDHCA) announced that the place in service (PIS) deadline has been extended by six months, going from December 31, 2020, to June 30, 2021 for all 2018 nine percent LIHTC developments.

The Texas Department of Housing and Community Affairs (TDHCA) posted drafts of the 2021 Qualified QAP, Multifamily Housing Revenue Bond Rule (Bond Rule) and Multifamily Direct Loan Rule (Direct Loan Rule) for public comment. The public comment period remains open until 5 p.m. CT on October 9, 2020.

The Governing Board of the Texas Department of Housing and Community Affairs (TDHCA) will meet virtually at 9:00 am CT September 3, 2020. Register here.

The Compliance Division of the Texas Department of Housing and Community Affairs will present a training on the LIHTC Average Income Minimum Set-Aside on September 2, 2020, from 2:00 to 4:00 pm CT. Register here.

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance division posted an updated Amended 2020-1 Multifamily Direct Loan Annual Notice of Funding Availability (2020-1 NOFA). The Amended 2020-1 NOFA includes the Fifth Amendment approved by the TDHCA Governing Board on July 23, 2020. The Fifth Amendment adds $16,956,117.20 in National Housing Trust Fund (NHTF) to the soft repayment set-aside for eligible activities and extends the application submission deadline to October 12, 2020.

The Texas Department of Housing and Community Affairs (TDHCA) is releasing a draft rule for public comment, 10 TAC Section 1.21, regarding action by the department if outstanding balances exist. The public comment period begins on July 31, 2020, and ends on August 31, 2020, at 5:00 pm CT.

The Texas Department of Housing and Community Affairs (TDHCA) and the Texas Apartment Association (TAA) are presenting online LIHTC on Thursday, June 25, 2020. This training will be led by TDHCA compliance staff and provides a solid foundation of information that owners, managers and on-site staff need to know in order to be in compliance with requirements for the LIHTC program.

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted an Amended 2020-1 Multifamily Direct Loan Annual Notice of Funding Availability (2020-1 NOFA).

The Texas Department of Housing and Community Affairs (TDHCA) is soliciting comments on its draft 2021 Regional Allocation Formula (RAF) Methodology through Friday June 26, 2020, at 5:00 pm CT.

A new analysis from the National Council of State Housing Agencies documents the critical components of state housing finance agency emergency rental assistance programs established in response to the COVID-19 pandemic. So far, 11 states (Arizona, Delaware, Florida, Idaho, Maine, Montana, New Hampshire, New Mexico, North Dakota, Rhode Island and Texas) have created emergency rental […]