Nearly Half a Million Low Income Housing Tax Credit Homes Will Lose Their Affordability Restrictions from 2020 to 2029
Source: NLIHC and PAHRC, 2018
Jan 9, 2019
Affordable Housing News
Denton Citizen Survey Highlights Need for Affordable Housing
From NBCDFW Affordable housing is an issue in many North Texas cities. Results of a recent survey of Denton citizens confirms it's also a top concern for residents there. Affordable housing was one of the main needs highlighted in the annual National Citizen...
U.S. House to Take Up Tax Extenders, Fix for LIHTC Veterans Projects
U.S. House Ways and Means Committee Chairman Kevin Brady last night released a broad tax package that the House is expected to consider later this week. The legislation includes retirement and other savings enhancements, reforms to the Internal Revenue Service, and...
Income Averaging to Pave the Way for More Affordable Housing
Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey. by Gail Kalinoski A majority of affordable housing leaders and lenders surveyed recently by Capital One...
San Antonio’s Proposed Changes to Development Incentives Focus on Affordable Housing
City staff on Wednesday recommended revisions to policies that incentivize residential development in the urban core with a goal of encouraging more affordable housing. City Council met for nearly three hours to discuss potential changes to the Center City Housing...
Fannie Mae Invests $145 Million in LIHTC Funds
From Affordable Housing Finance The funds with Cinnaire, OCCH, and MHEG will aim to bring capital to rural areas. Fannie Mae is committing up to $145 million in three low-income housing tax credit (LIHTC) funds that will focus on underserved rural markets. The...
Texas Lawmakers Are Singlehandedly Derailing Affordable Housing for Seniors
Unlike most states, Texas essentially gives state legislators veto power over affordable housing in their districts. Now that law is being used to derail low-income senior housing. Long before Joan Hawn moved to Oak Bluff Village in Columbus, a Colorado River town...
TAAHP Op-ed Published in Houston Chronicle
TAAHP's board President K. Nicole Asarch authored an op-ed delving deeper into the reasons why TAAHP is against the elimination of PABs. Nicole's op-ed was published in Tuesday's Houston Chronicle. The House tax reform plan, which will be voted on this week,...
The Drafts of the 2018 Qualified Allocation Plan (“QAP”)
and Uniform Multifamily Rules for public comment have been posted to the Texas Department of Housing and Community Affairs' ("TDHCA") website. The documents can be found in the TDHCA Public Comment Center at: http://www.tdhca.state.tx.us/public-comment.htm under...
HUD Releases List
of 2018 DDAs, QCTs WASHINGTON–Sept. 11, 2017–The U.S. Department of Housing and Urban Development (HUD) today published in the Federal Register its list of 2018 qualified census tracts (QCTs) and difficult development areas (DDAs) , which are eligible for as...
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