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Legislative News
Texas federal judge blocks updated fair lending rules
Tax Relief for American Families and Workers Act of 2024
TAAHP is closely monitoring the progress of The Tax Relief for American Families and Workers Act of 2024 bill, a significant piece of legislation with implications for the industry. The bill aims to provide relief for families and workers across the nation, addressing...
Texas Senate Interim Charges Set for 89th Legislative Session
Interim charges with significant influence on the affordable housing industry have been assigned to three Texas Senate Committees. On April 11, Lt. Governor Dan Patrick issued 57 interim charges for Senate committees to study in preparation for the 89th Legislature....
Primary Elections in Texas Indicate a Seismic Shift at the Texas Capitol
The primary elections in Texas indicate a seismic shift at the Capitol. Although runoffs for a number of incumbents are scheduled for May 28th, some key housing supporters were not able to overcome opposition because of anti-voucher and pro-impeachment Republicans....
Bipartisan Tax Legislation Remains Stalled in the Senate, Despite Broad House Approval
The Tax Relief for American Families and Workers Act of 2024, bipartisan tax legislation containing two top Housing Credit production priorities has remained stalled in the Senate since passing the House by an overwhelming majority in early January. This bipartisan...
Texas AHCIA Cosponsor Is Headed to a Runoff
On Super Tuesday, TAAHP watched closely for the primary results of all eight Texas cosponsors of the Affordable Housing Credit Improvement Act of 2023 (AHCIA) bill. Candidates in Texas primaries had to clear 50 percent of the vote to be nominated, or the top two vote-getters will face a runoff on May 28.
Texas Legislature Could Look Very Different in 2025
On March 5, millions of Texans are expected to vote in the Texas Primary elections, that will determine which candidates will represent the Democratic and Republican parties on the ballot in November's general election. If no candidate in a race gets at least 50% of...
Timeline for Processing 8609s
TAAHP’s QAP and Compliance Committees have been monitoring the implementation of HB 4550, which established a 120-day timeline by which TDHCA is required to process 8609s
Bipartisan Tax Bill Containing Top Housing Credit Provisions Passes House and Awaiting Consideration in Senate
The Tax Relief for American Families and Workers Act of 2024, bipartisan tax legislation containing two top Housing Credit production priorities.
Tax Package Containing Top Housing Credit Provisions Passes Ways & Means Committee
These approved provisions are estimated to finance over 200,000 additional affordable homes than otherwise possible. It would also position both priorities for potential extension in 2025.