HUD’s Office of Multifamily Programs has released an FAQ document to clarify the implementation of the Housing Opportunity Through Modernization Act (HOTMA) provisions, which will take effect in most states on January 1, 2025. The document provides guidance on...
Texas received a total of $130,038 in funding as part of HUD's $1.3 million initiative to prevent homelessness among young adults transitioning out of foster care. This includes $14,243 for the Denton Housing Authority, $92,109 for the Tarrant County Housing...
The TDHCA Annual Performance Measure Report outlines the department's progress in meeting housing program targets. For Q4 of Fiscal Year 2024, the department assisted 13,253 households through the Housing Tax Credit Program, falling short of the annual target of...
The 2024 Multifamily Programs Application Procedures Manual was presented and approved at TDHCA’s 2024 Board Meeting as a resource for applicants in the multifamily program application process. While the Manual is not a formal rule, it offers guidance on filing...
The Texas Department of Housing and Community Affairs (TDHCA) has been directed to publish the draft 2025 State of Texas Low Income Housing Plan and Annual Report (SLIHP) online for public comment, following approval at the December TDHCA Board Meeting. The report,...
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...
On November 7, members of TAAHP's Qualified Allocation Plan (QAP) Committee presented powerful testimony at the Texas Department of Housing and Community Affairs (TDHCA) hearing, urging the board to reconsider the newly proposed thresholds for the "Quantity of...
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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