As the 89th session of the Texas Legislature begins on January 14, affordable housing has emerged as a key priority, with lawmakers focusing on property tax reform and local government regulations. The lack of affordable housing—defined as spending no more than...
The proportion of Americans spending over a third of their income on rent has increased over the past two decades, reaching approximately 50% of all renters in 2023, according to recent Census data. Since 2021, rising housing costs have significantly contributed to...
From NCSHA On January 6, the U.S. Department of Housing and Urban Development’s Office of Community Planning and Development published a final rule in the Federal Register making changes to the HOME Investment Partnerships (HOME) program regulations. The final...
Dallas, TX – The City of Dallas invites you to participate in a series of public meetings hosted by the Budget & Management Services – Grant Administration team, in partnership with the Community Development Commission (CDC). These meetings will gather...
Fannie Mae and Freddie Mac’s 2025-2027 plans include targeted efforts to expand affordable multifamily housing opportunities in underserved markets, particularly in rural areas. The plans outline initiatives to enhance liquidity for affordable housing preservation,...
On November 18, the IRS allocated $452,467 in unused Housing Credit carryovers to Texas as part of the 2024 reallocation of $3.75 million to 29 states. This allocation, outlined in Revenue Procedure 2024-41, helps address the ongoing demand for affordable housing...
On November 7, the Texas Senate’s Local Government Committee convened to discuss one of the state’s most pressing issues—rising housing costs. The meeting marked the committee’s final session on housing affordability before the 2025 legislative session begins. With...
Source: Insurance Information Institute, October 2024 Affordable Housing Providers Have Bigger Struggle Absorbing Insurance Cost Surges Affordable housing providers are struggling more than market-rate multifamily property owners with property insurance cost...
As Texas grapples with rapid population growth, the state's affordable housing crisis deepens. A recent analysis by Novogradac reveals a significant barrier: Texas’ allocation of Low-Income Housing Tax Credits (LIHTC) is far below what is needed to meet the growing...
The Federal Housing Finance Agency released an Advisory Bulletin responding to concerns from affordable housing sponsors that procedures for obtaining subsidies from the Federal Home Loan Banks are too burdensome 10/31/2024 Washington, D.C. – The Federal Housing...
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