From NAHBNow President Trump is seeking to reduce the 2020 budget for the department of Housing and Urban Development (HUD). The budget cycle begins October 1, 2019 and runs through September 30, 2020. While no White House budget is ever approved "as is" by...
NEWS RELEASE This session, Texas State Representative Jessica González filed HB 2494, HB 2532, HB 3234, and HB 3272. Each of these bills plays a critical role in combating affordable housing crises in Dallas and around Texas. HB 2494, filed jointly with Sen. Royce...
From Seguin Gazette Amid the ire of the city's mayor, Seguin's City Council voted 5-3 to support an affordable housing proposal at 1231 Court Street across from Texas Luthern University. The development is the first of its kind on the west side of the city. “Since...
From Global Newswire Freddie Mac (OTCQB: FMCC) announced it has closed a Low-Income Housing Tax Credit (LIHTC) Fund with National Equity Fund (NEF) and initiated three investments within the fund. The closing marks Freddie Mac’s fifth LIHTC fund since re-entering...
From Austin-American Statesman Inclusionary zoning is being pushed by Austin City Council Member Leslie Pool. Pool approached Texas State Rep. Gina Hinojosa, D-Austin, about the subject. Hinojosa responded by filing a bill to overturn Texas' ban on "inclusionary...
From Dallas Morning News Within the past week a former city council member in Dallas, Carolyn Davis, plead guilty to taking bribes from an affordable housing real estate developer. The case illustrates how giving elected officials the power to approve or disapprove...
From Pacific Standard The cost of housing continues to rise in markets all across the country and Austin is no exception. A recent analysis of data from the Harvard Joint Center for Housing Studies shows that from 1960 to 2016, inflation-adjusted rents increased 61...
From HousingWire The program for streamlining mortgage applications for housing tax credit multifamily properties just got a lot bigger thanks to the Department of Housing and Urban Development (HUD) who announced that the Federal Housing Administration (FHA) is...
From Community Impact Developers asked the Dripping Springs City Council to support a plan to build a new mixed-income rental housing development in the city. The Council offered a resolution of support for the apartment complex that will include 36 affordable...
From KVUE Austin Texas State Representative Eddie Rodriguez (D-Austin) is making his priorities known on affordable housing. The District 51 representative, a district that covers the East and Southeast regions of Austin filed three separate bills in the House that...
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