Recent reports that a Texas-based public housing authority acquired affordable housing properties outside of Texas through an affiliated nonprofit organization underscore the importance of transparency and accountability in preserving public trust. Under Texas law,...
On August 8, the Senate passed a bipartisan continuing resolution (CR) extending funding for federal programs and services through December 11. The legislation also delays implementation of new Office of Management and Budget (OMB) grant making requirements...
On July 14, TDHCA staff released the draft of the 2027 Qualified Allocation Plan (QAP), which establishes the rules that will govern tax credit awards. It is essential for stakeholders to evaluate the proposed changes before they are finalized. This year’s draft...
Now that the 21st Century ROAD to Housing Act has been enacted, attention has turned to the proposed Workforce Housing Tax Credit Act (H.R. 8626 / S. 3436). Introduced by Representative Jimmy Panetta (D-CA-19) and Senator Jerry Moran (R-KS), the bill would...
The Federal Housing Finance Agency (FHFA) has begun to consider an amendment to the Enterprises Duty to Serve Underserved Markets. The Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (aka Fannie Mae and Freddie Mac respectively...
On June 24th, Houston City Councilmembers approved an agreement amending Texas Reinvestment Zone Number 2 (the Midtown zone) to link county funding with Midtown TIRZ structures, setting aside one-third of those funds for affordable housing. Crucially, general funds...
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation announced a new proposed rule for the Community Reinvestment Act (CRA). The CRA requires the agencies to assess a bank’s record of meeting the credit needs of its entire...
Austin, TX – Over the past 12 years the Texas Affiliation of Affordable Housing (TAAHP) has awarded more than $930,000 in scholarships to students pursuing higher education. Eligibility is limited to residents of affordable housing communities owned or managed by...
New poll finds rising housing costs are straining families, limiting pathways to homeownership and threatening Texas’ long-term economic competitiveness Austin, Texas – The Texas Affiliation of Affordable Housing Providers (TAAHP) today released a report that...
After a brief delay, the 21st Century ROAD to Housing Act has become law. The bicameral, bipartisan bill passed the House 358-32 and the Senate 85-5 but has been sitting in the Oval Office since the start of the month. However, the President refused to sign or...
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