Apr 23, 2024
Latest News
Palladium’s $76M Mesquite Project Targets Summer 2026 Completion
Palladium Carver Living: a new affordable housing project in Mesquite. Offering affordable housing for those making 60% of the area's median income.
HUD Awards $173 Million in Green and Resilient Retrofit Program (GRRP)
On March 28, Acting Secretary Adrianne Todman announced the U.S. Department of Housing and Urban Development (HUD) awarded more than $173 million in new Green and Resilient Retrofit Program (GRRP) grants and loans to support energy efficiency and climate resilience...
IRS Provides Texas $1.13 million in unused Housing Credit carryovers from the National Pool
On April 8, the Internal Revenue Service (IRS) announced it would allocate an additional $8.2 Million in unused federal low-income housing tax credit (LIHTC) carryovers to the 28 states that received 2023 national pool credit authority last October. Texas, which...
HOTMA Bond Assets Rule
Treatment of assets under the bond program: All units with TDHCA-issued Bonds, where full income recertifications are required on an annual basis, must have assets verified initially and every three (3) years after that. For assets under $50,000, self-certification...
Texas Senate Interim Charges Set for 89th Legislative Session
Interim charges with significant influence on the affordable housing industry have been assigned to three Texas Senate Committees. On April 11, Lt. Governor Dan Patrick issued 57 interim charges for Senate committees to study in preparation for the 89th...
Soaring Property Insurance Rates Threaten Affordable Housing Development
Rapidly rising insurance premiums are forcing affordable housing developers to cut back on programming, lay off staff, and even sell.
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