The Gap: A Shortage of Affordable Homes, a new report recently released by the National Low Income Housing Coalition (NLIHC), finds a state-wide shortage of 674,648 million affordable and available rental homes for extremely low-income renter households – those with incomes at or below 30% of AMI.
Community Planning and Development (CPD) FY 2023 Income are published and can be accessed on the HUD Exchange's Income Calculator page.
With only 10 days left in the regular session, TAAHP leadership is working hard to ensure that our legislative priorities continue to be supported.
On May 1, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced the “Rural Housing Service Reform Act of 2023” (S.1389) in the U.S. Senate. The bill would aim to improve the housing programs administered by the U.S. Department of Agriculture’s Rural Housing Service (RHS) through several reforms, including decoupling rental assistance from maturing mortgages, permanently establishing the Multifamily Housing Preservation and Revitalization Demonstration (MPR), making permanent the Native CDFI Relending pilot program, and improving staff training and capacity within RHS.
Texas was the 3rd biggest recipient of Housing Trust Funds, with an allocation of $22.4 million. 100% of funds must be used for extremely low-income families.
Affordable housing champions in Congress introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2023 to strengthen and expand the Low-Income Housing Tax Credit (Housing Credit).
Experts and internet service providers discuss expanding access, adoption for low-income households
The Texas Resident Population Figure is 30,029,572. The amount for calculating the Credit Ceiling is the greater of $2.75 multiplied by the State population, or $3,185,000.
U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced “Supplemental Grant” awards for Choice Neighborhoods Implementation Grantees totaling more than $98 million. The grant awards provide additional funds to 16 current Choice Neighborhoods Implementation Grantees to address the pandemic related disruptions. The Supplemental Grant funding for Implementation Grantees will be used to construct new, high-quality, mixed-income housing nationwide.
As an existing Choice Neighborhood Implementation Grantee, Fort Worth Housing Solutions - City of Forth Worth was awarded an additional $5,000,000 to continue its revitalization efforts in its Stop Six neighborhood. They were awarded the $35 million Choice Neighborhood Implementation Grant in 2019.
The Houston Housing Authority (HHA) launched its Affordable Housing Houston website which provides people with information about apartment options offered through the HHA’s Public Facility Corporations (PFC) partnerships.
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