AHCIA Reaches a New Milestone with 200 House Co-Sponsors
As of December 13, the AHCIA (H.R. 3238/S. 1557) has received the support of nearly half of Congress at large.
Dec 15, 2023
Affordable Housing News
TDHCA posts 2024 CSBG Discretionary Funds NOFA for a Reentry Activities Pilot Program
The Texas Department of Housing and Community Affairs (TDHCA) is pleased to announce a Notice of Funding Availability (NOFA) for 2024 Community Services Block Grant (CSBG) Discretionary funds. TDHCA is seeking applications from organizations with established experience in serving the reentry population by helping previously incarcerated individuals in obtaining rental housing through landlord incentives, payment of security deposits, and other reentry activities related to housing.
TDHCA Board Adopts the 2024 QAP and Submits it to the Governor for Approval
On November 11, TDHCA posted to its website a blacklined version of the 2024 Qualified Allocation Plan (QAP) that was adopted, with some revisions, at the meeting of the Governing Board held on November 9, 2023.
Legislative Status: Affordable Housing Credit Improvement Act
As of November 9, the AHCIA has reached 180 cosponsors in the House, maintaining strong bipartisan support with 90 Republicans and 90 Democrats.
State and Local Investments in Rental Housing: A Summary of Findings from the 2023 Rental Housing Programs Database
State and Local Investments in Rental Housing: A Summary of Findings from the 2023 Rental Housing Programs Database
FHFA Releases 2023 Annual Housing Report
On October 30, FHFA released its 2023 Annual Housing Report outlining Fannie Mae and Freddie Mac’s affordable housing activities in 2022
NCSHA Updates Recommended Practices for Housing Credit Administration
The National Council of State Housing Agencies (NCSHA) released an updated edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide how states administer the federal low-income housing tax credit (LIHTC) incentive....
IRS Increases LIHTC, Bond Volume Caps
The Internal Revenue Service has announced an increase in the low-income housing tax credit (LIHTC) and private-activity bond volume caps for 2023. The amounts used to calculate the state credit ceiling for 9% LIHTCs will be the greater of $2.90 multiplied by the...
Disaster Planning in RAD Conversions
The RAD Supplemental Notice published this July requires Public Housing Authorities (PHA) to analyze a property’s hazard risk by use of FEMA’s National Risk Index. If climate hazards are identified, PHAs are required to create a property-wide disaster plan...
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