On August 1, the U.S. Senate voted 48-44 against advancing the Tax Relief for American Families and Workers Act (H.R. 7024), effectively halting progress on the bill. This legislation, which had passed the House with broad bipartisan support earlier this year,...
The U.S. Department of Housing and Urban Development (HUD) has published its final rule for Federal Flood Risk Management Standard (FFRMS), effective May 23, 2024, amending 24 CFR Part 55, Floodplain Management and Protection of Wetlands. To learn more about...
As part of the 2024 Competitive (9%) Housing Tax Credit (HTC) cycle, TDHCA's Multifamily Finance division has posted a Tentative 2024 9% HTC Award and Waiting List on the Department's website at https://www.tdhca.texas.gov/competitive-9-housing-tax-credits. This...
On July 9, 2024, President Biden declared that a major disaster exists in the State of Texas, and ordered federal assistance to supplement state and local efforts in the areas affected by Hurricane Beryl that began on July 5, 2024. Revenue Procedure 2014-49...
On July 9, 2024, President Biden declared that a major disaster exists in the State of Texas, and ordered federal assistance to supplement state and local efforts in the areas affected by Hurricane Beryl that began on July 5, 2024. FEMA has now designated multiple...
The U.S. Department of Housing and Urban Development (HUD) published a Federal Flood Risk Management Standard (FFRMS) final rule in the Federal Register its new regulations governing floodplain management and the protection of wetlands to implement the Federal...
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) announced the adoption of the updated Minimum Energy Standards for new single and multifamily homes. All multifamily developments will have to comply with the...
Revisions will reduce costs for owners while continuing to ensure that properties have adequate insurance coverage – a key element of HUD’s work to address insurance costs and ensure communities recover from disaster WASHINGTON – The U.S. Department of Housing and...
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