May 17, 2024
Affordable Housing News
Dallas Voters Approve Historic $82 Million Affordable Housing Bond
Dallas voters have taken a significant step towards combating the housing affordability crisis by endorsing a groundbreaking bond election, allocating $82 million to bolster the city's affordable housing inventory and address homelessness head-on. The bond, part of...
Texas Legislature Releases Multiple Housing-Related Interim Charges
On May 9, Texas Speaker of the House Dade Phelan, R-Beaumont released his list of interim charges for the Texas House to consider ahead of the legislative session next year. The interim charges “set the foundation for House committees to gather insight from...
Palladium’s $76M Mesquite Project Targets Summer 2026 Completion
Palladium Carver Living: a new affordable housing project in Mesquite. Offering affordable housing for those making 60% of the area's median income.
IRS Provides Texas $1.13 million in unused Housing Credit carryovers from the National Pool
On April 8, the Internal Revenue Service (IRS) announced it would allocate an additional $8.2 Million in unused federal low-income housing tax credit (LIHTC) carryovers to the 28 states that received 2023 national pool credit authority last October. Texas, which...
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,...
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...
Soaring Property Insurance Rates Threaten Affordable Housing Development
Rapidly rising insurance premiums are forcing affordable housing developers to cut back on programming, lay off staff, and even sell.
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