According to a new report by the National Low Income Housing Coalition, Texas is now in the top six states with the least amount of available rental housing for low-income families.
Senators Patrick Leahy (D-Vt.), Susan Collins (R-Maine), Ron Wyden (D-Ore.) Michael Bennet (D-Colo.), Catherine Cortez Masto (D-Nev.), Angus King (I-Maine), Maggie Hassan (D-N.H.), Alex Padilla (D-Calif.), Jack Reed (D-R.I), Bernie Sanders (I-Vt.) and Sheldon Whitehouse (D-R.I.) on Thursday introduced the bipartisan S. 4181 LIFELINE Act (LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence), to improve the use of state and local and Fiscal Recovery Plan Funds with the nation’s largest affordable housing funding mechanism, the Low-Income Housing Tax Credit (LIHTC).
Today the White House released a Housing Supply Action Plan to "ease the burden of housing costs over time, by boosting the supply of quality housing in every community" to "help close America’s housing supply shortfall in 5 years, starting with the creation and preservation of hundreds of thousands of affordable housing units in the next three years."
San Antonio voters approve $150 Million for Affordable Housing. Proposition F included $150 million for affordable housing to include $35 million to buy and build rental housing, $45 million to help homeowners repair their homes, $40 million for acquisition and rehabilitation of affordable housing $25 million for supportive housing services and $5 million for home construction.
Housing is the foundation of living a healthy life. Research studies have demonstrated that when individuals and families live in safe, decent, stable housing, it has a significant impact on improving their health outcomes and helps to reduce healthcare costs. Therefore, a healthy home should be both affordable and designed, constructed, rehabilitated, and maintained to support the health and safety of its occupants.
The Texas Department of Housing and Community Affairs (TDHCA) announces its Housing Choice Voucher program wait-list will open on Monday, May 2, 2022.
A 12.5 percent increase in 9 percent allocations enacted in the 2018 omnibus spending bill has expired for the calendar year 2022, causing a decrease nationwide in the 2022 9% population-based LIHTC allocations.
On March 9, ten new members of the House of Representatives signed on as cosponsors to the Affordable Housing Credit Improvement Act.
The Texas legislature releases many interim charges related to affordable housing for 88th legislative session.
On April 12, TAAHP signed on to the letter sent to Congress by NCHSA and signed by 82 organizations representing state and local government officials and Housing Credit industry participants. The letter urged congressional leaders to amend the underlying statute of the Coronavirus State and Local Fiscal Recovery Fund (SLFRF) to facilitate its use with the Low-Income Housing Tax Credit (Housing Credit) program so that states and local governments may use these funds to build and preserve desperately needed affordable rental housing.
As a TAAHP member, you'll receive discounts to member events and the Texas Housing Conference, access to industry news, TAAHP's member directory, networking opportunities and so much more!
