Request for Written Feedback on the Implementation of The Conversion of properties Assisted Under Section 811 through the Rental Assistance Demonstration (RAD) The Rental Assistance Demonstration (RAD) allows certain HUD-assisted properties to convert to long-term...
HUD recently released the 2023 list of Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs) for purposes of Housing Credit basis boost allowances.
Every two years, HUD and the Census Bureau produce the American Housing Survey (AHS), the most comprehensive analysis of the nation's housing inventory. The AHS covers a variety of important housing topics, including the composition and quality of the nation's housing stock; rents, mortgages and other housing costs; and neighborhood conditions.
The Administration is announcing several new steps that reduce barriers to affordable housing construction and preservation.
The Internal Revenue Service released Notice 2022-52, which builds on previous notices related to COVID-19 relief the IRS has provided to Housing Credit agencies and their industry partners, most recently Notice 2022-05. The notice’s publication was announced by the Biden-Harris Administration in a statement on its progress meeting goals set forth in the administration’s Housing Supply Action Plan.
The Affordable Housing Tax Credit Coalition applauds the significant progress announced on the Biden Administration’s Housing Supply Action plan, which includes new guidance to provide flexibility to the Low-Income Housing Tax Credit (Housing Credit). Two new regulations – a final rule on the average income test and extensions of Housing Credit program deadlines – will make more affordable housing developments financially feasible at a time when the need for affordable housing is skyrocketing.
The U.S. Department of Housing and Urban Development (HUD) announced the availability of $40 million through the Healthy Homes Production Grant Program to help transform communities by fixing older housing, preserving affordable housing.
The owner of Huffman Hollow Apartments in Huffman, has, in accordance with the Right of First Refusal (ROFR), provided proper notice of intent and requests that the Department find a qualified entity who will purchase the development at or above the prescribed price.
The Texas Department of Housing and Community Affairs (TDHCA) has awarded nearly $80 million in housing tax awards in July that will help finance the development or rehabilitation of 61 rental properties throughout the state, offering reduced rents and increased housing options throughout the state.
TAAHP is working to identify and promote bipartisan policy options to expand the supply of homes and improve housing affordability, especially for low- and moderate-income households. Texas needs innovative solutions to fix the housing affordability gap. Here are TAAHP's four legislative priorities for the upcoming Texas 88th Legislature in 2023.
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