Treasury releases guidance updates and how-to guide to increase investments in affordable housing using American Rescue Plan funds WASHINGTON – The U.S. Department of the Treasury announced new guidance today to increase the ability of state, local, and tribal...
The LIHTC Financing Enabling Long-Term Investment in Neighborhood Excellence Act has gained significant cosponsorship in the past few months.
HousingWorks Austin published their seventh version of the Austin City Council District-by-District and Community at a Glance Housing Analysis.
According to a new report by the National Low Income Housing Coalition, Texas is now in the top six states with the least amount of available rental housing for low-income families.
Senators Patrick Leahy (D-Vt.), Susan Collins (R-Maine), Ron Wyden (D-Ore.) Michael Bennet (D-Colo.), Catherine Cortez Masto (D-Nev.), Angus King (I-Maine), Maggie Hassan (D-N.H.), Alex Padilla (D-Calif.), Jack Reed (D-R.I), Bernie Sanders (I-Vt.) and Sheldon Whitehouse (D-R.I.) on Thursday introduced the bipartisan S. 4181 LIFELINE Act (LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence), to improve the use of state and local and Fiscal Recovery Plan Funds with the nation’s largest affordable housing funding mechanism, the Low-Income Housing Tax Credit (LIHTC).
San Antonio voters approve $150 Million for Affordable Housing. Proposition F included $150 million for affordable housing to include $35 million to buy and build rental housing, $45 million to help homeowners repair their homes, $40 million for acquisition and rehabilitation of affordable housing $25 million for supportive housing services and $5 million for home construction.
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.
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