Affordable Housing News

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...

QAP Alert

TDHCA Posts Blacklined 2024 QAP

The Texas Department of Housing and Community Affairs (TDHCA) has posted to its website a blacklined version of the 2024 Qualified Allocation Plan (QAP) that is proposed to be adopted at the meeting of the Governing Board to be held on November 9, 2023. This version reflects revisions that have been made since the proposed draft QAP posted in the Texas Register for public comment after the September meeting.

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