A 12.5 percent increase in 9 percent allocations enacted in the 2018 omnibus spending bill has expired for the calendar year 2022, causing a decrease nationwide in the 2022 9% population-based LIHTC allocations.
The Texas legislature releases many interim charges related to affordable housing for 88th legislative session.
On April 12, TAAHP signed on to the letter sent to Congress by NCHSA and signed by 82 organizations representing state and local government officials and Housing Credit industry participants. The letter urged congressional leaders to amend the underlying statute of the Coronavirus State and Local Fiscal Recovery Fund (SLFRF) to facilitate its use with the Low-Income Housing Tax Credit (Housing Credit) program so that states and local governments may use these funds to build and preserve desperately needed affordable rental housing.
The 2023 President's Budget requests $71.9 billion for HUD, approximately $11.6 billion more than the 2022 annualized continuing resolution (CR) level. The Budget outlines an ambitious agenda to address challenges our nation faces, ranging from climate change to housing discrimination to racial equity in homeownership and rental housing, to ending homelessness.
On Tuesday, March 1, 2022, Congressman Jim Himes (CT-04), Chairman of the U.S. House Select Committee on Economic Disparity and Fairness in Growth, held a hybrid hearing examining the role stable and affordable housing plays in creating paths to economic security and enabling every American to pursue their American Dream.
FHFA announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing initiatives.
Owners of Multifamily-assisted properties for which HUD provides a utility allowance are reminded they are required to adjust their properties’ utility allowances.
Austin Mayor Steve Adler city to borrow $500 billion through a bond to build more affordable housing in the city. He plans to put the measure on the November 2022 ballot.
TDHCA released the 2022 State of Texas Low-Income Housing Plan and Annual Report (SLIHP) during the December 9th board meeting.
The Federal Housing Finance Agency (FHFA) issued a final rule for Fannie Mae and Freddie Mac (the Enterprises) that establishes the benchmark levels for each of the single-family housing goals and subgoals for 2022 through 2024 and establishes the benchmark...
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