Affordable Housing News

Affordable Housing Credit Improvement Act

U.S. Congress reintroduces Affordable Housing Credit Improvement Act

Last week, Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Rob Portman (R-OH) and Representatives Suzan DelBene (D-WA), Jackie Walorski (R-IN), Don Beyer (D-VA), and Brad Wenstrup (R-OH) introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2021 (S. 1136/H.R. 2573). The bill — one of NCSHA’s highest legislative priorities — is comprehensive legislation that would expand and strengthen the Low Income Housing Tax Credit (Housing Credit). The House and Senate versions of the legislation are identical.

Marlin Square Apartments

Marlin Square Apartments for sale under Right of First Refusal

The owner of Marlin Square Apartments in Marlin, Texas, 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.

Texas Rent Relief

Texas Rent Relief Program Update

The Texas Rent Relief Program has launched a new application system, making it easier to fill out and submit an application, add missing documentation, and track the status of payment requests. TexasRentRelief.com is still the program's main webpage to access the application.

TDHCA

Gov. Abbott and TDHCA Extend LIHTC Application Deadline

Governor Greg Abbott and the Texas Department of Housing and Community Affairs (TDHCA) have extended the submission deadline for housing tax credit applications. The original deadline of March 1st has been pushed to Monday, March 8th at 5:00 PM CT to allow extra time for housing developers to secure documentation or other communications needed while people were out of service.

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