In response to recent HUD guidance, the Compliance Division of the Texas Department of Housing and Community Affairs (TDHCA) posted updated guidance related to COVID-19. TDHCA also posted the draft 2021 Initial Ceiling Summary in preparation for the 2021 nine percent LIHTC application cycle.
Governor Greg Abbott approved the Texas Department of Housing and Community Affairs’ (TDHCA) 2021 QAP on December 1, 2020. The QAP will become effective 20 days after submission to the Texas register.
In preparation for the 2021 Competitive nine percent LIHTC application cycle, the Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted draft 2021 Multifamily Uniform Application documents:
Texas Department of Housing and Community Affairs (TDHCA) announced that Charlotte (Char) Flickinger is the new Multifamily Direct Loan Manager and will be responsible for all functions of the Direct Loan Program.
The National Council of State Housing Agencies held its Board of Directors election on October 26 during the association’s 2020 Annual Conference & Showcase. Nominated from among, and voted on by the executive directors of the member state housing finance agencies, NCSHA’s newly elected Board officers are:
Texas Department of Housing and Community Affairs posted a draft of the 2021 Housing Tax Credit Site Demographic Characteristics Report. The report is missing the three-year average poverty rate, rent burden and affordable housing needs indicator worksheets, all of which will be added shortly.
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.