You Can Now Search For Affordable Housing In Austin By Your Income
The City of Austin has announced a new Affordable Housing Online Search Tool (AHOST) to help potential renters find affordable housing.
Nov 18, 2020
Affordable Housing News
The NRP Group, SAHA launch affordable community on San Antonio’s Westside
From Connect Texas The NRP Group and the San Antonio Housing Authority held a virtual groundbreaking recently on The Legacy at Alazán, an 88-unit affordable apartment community project at the northwest corner of Colorado and El Paso Streets. The virtual...
HUD approves land office’s action plans for $285M in storm recovery projects
The U.S. Department of Housing and Urban Development (HUD) approved two state action plans by the Texas General Land Office (GLO) on November 5 that determine the distribution and eligible uses for 2018 and 2019 disaster funding allocations.
Affordable Housing Providers Fear the Worst Pandemic Impacts Are Yet to Come
From January to June this year, rent collection in affordable housing hovered between about 85 percent and 90 percent of 2019 levels. But is the worst yet to come?
New Hope Housing Opens Dale Carnegie Affordable Housing Development in Houston
To help vulnerable individuals rebuild their lives after the destruction caused by Hurricane Harvey and COVID-19, New Hope Housing Dale Carnegie has opened to people living on limited incomes. The state’s leader in providing permanent, affordable supportive housing...
HUD seeks stakeholder feedback on National Standards for the Physical Inspection of Real Estate (NSPIRE) protocol
The U. S. Department of Housing and Urban Development (HUD) is soliciting feedback on version 1.3 of the National Standards for the Physical Inspection of Real Estate (NSPIRE) protocol. NSPIRE is intended to replace the Uniform Physical Condition Standards (UPCS)...
CRA issues advanced notice of proposed rule making
On September 21st, members of the Federal Reserve Board voted to issue an advanced notice of proposed rule making to solicit public input on modernizing and strengthening the Community Reinvestment Act (CRA) regulatory and supervisory framework. Specifically, the...
Freddie Mac: New Research Shows Affordable Housing Shortage Persists
Affordable Housing Shortage persists with less than 10% of rental units are affordable to renter households earning 50% of median renter income (MRI), according to new research released by Freddie Mac (OTCQB: FMCC) Multifamily. Building on last year’s “Diminishing...
TDHCA announces six-month extension to the placed-in-service deadline for 2018 9% housing tax credit developments
The Texas Department of Housing and Community Affairs (TDHCA) seeks to notify owners and agents of all 2018 9% housing tax credit developments that, under the authority provided by Revenue Procedure 2014-49 and due to the major disaster declaration resulting from the COVID-19 pandemic, the deadline to place in service each building has been extended by six months, going from December 31, 2020, to June 30, 2021.
HUD Publishes Fair Market Rents for Fiscal Year 2021
Section 8(c)(1) of the United States Housing Act of 1937 (USHA), as amended by the Housing Opportunities Through Modernization Act of 2016 (HOTMA), requires the Secretary to publish FMRs not less than annually, adjusted to be effective on October 1 of each federal...
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