TDHCA Awards $87.7 million in Housing Credits to 54 Properties
The Texas Department of Housing and Community Affairs (TDHCA) awarded $87.7 million in housing tax awards in July. See Award List.
Jul 28, 2023
Affordable Housing News
NLIHC Releases the 2023 Out of Reach Report
The National Low Income Housing Coalition recently released its annual Out of Reach Report. Out of Reach documents the significant gap between renters’ wages and the cost of rental housing across the United States. The report’s central statistic, the Housing Wage,...
Gap Report: Texas ranks the 6th worst state in the nation for affordable housing
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.
88th Legislative Session Update: TAAHP Supported Bills
With only 10 days left in the regular session, TAAHP leadership is working hard to ensure that our legislative priorities continue to be supported.
Major bipartisan U.S. Senate bill introduced to modernize and update rural housing programs
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.
HUD allocates $22.4 million to Texas through its housing trust fund to help produce affordable housing
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 Credit Improvement Act Reintroduced to Strengthen and Expand the Housing Tax Credit
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).
Broadband Challenges and Opportunities in Affordable Rental Housing
Experts and internet service providers discuss expanding access, adoption for low-income households
IRS Issues 2023 Population Figures for Housing Credit, Private Activity Bond Volume Caps
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.
Houston Housing Authority launched Website to provide information about its Public Facility Corporation (PFCs) partnerships
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.
Become a Member
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 more!