TAAHP Member in the NEWS: The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, has broken ground on a 275-unit, fully affordable housing apartment community north of Austin, Texas in Williamson County. The NRP Group is building the 4 percent tax credit and bond development in partnership with Capital Area Housing Finance Corporation (CAHFC).
The Biden Administration announced steps to increase affordable housing supply by nearly 100,000 additional affordable homes over three years.
Infrastructure Bill Passed in Senate with Affordable Housing Provisions but lacks affordable housing funding.
TAAHP submits 2022 QAP comments to the Texas Department of Housing and Community Affairs.
Palladium closed its second 2020 9% low-income housing tax credit Multifamily Development for 2021 in February with the closing of Palladium Fain Street at 1069 Kings Highway in Fort Worth. This is a four-story, 90-unit mixed-income multifamily development with 81 units set aside for those earning between 30% - 60% of area median income with 10% of the units at market rate.
The Affordable Housing Credit Improvement Act, which seeks to expand the Low Income Housing Tax Credit Program, has been reintroduced in Congress this session as S. 1136 and H.R. 2573. The changes proposed in this legislation are estimated to increase the supply of affordable housing by over 2 million units over 2 years.
The U.S. Department of Housing and Urban Development (HUD) announced the allocation of $689,565,492.92 through the nation’s Housing Trust Fund (HTF) for affordable housing. See how much Texas will receive.
A revised 2021 9% HTC Award Limits and Estimated Regional Allocation has been posted
A revised version of the preliminary 2021 9% HTC Application Submission Log has been posted
San Antonio's recently passed Prop A will grant more flexibility to city leaders in spending voter-approved bond funding.
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