The Compliance Division of the Texas Department of Housing and Community Affairs will host a virtual roundtable on various utility allowance topics, such as common challenges and potential solutions, on October 13, 2020
The TDHCA Board convened their monthly board meeting on September 3, 2020. This meeting was held in a virtual format as authorized by Executive Order of the Governor. Here is a summary of the board actions.
The Texas Department of Housing and Community Affairs (TDHCA) Asset Management Division would like to remind owners and management agents that all multifamily developments under construction must submit a construction status report no later than October 10, 2020.
For 2019 awards, if construction has not yet started, please notify the assigned asset manager by October 10. A fee of $2,500 will be assessed for construction status reports not submitted by the deadline if an extension to the deadline is not requested at least 30 days in advance.
The Texas Department of Housing and Community Affairs (TDHCA) seeks to notify owners and agents of all 2018 9% housing tax credit developments that, under the authority provided by Revenue Procedure 2014-49 and due to the major disaster declaration resulting from the COVID-19 pandemic, the deadline to place in service each building has been extended by six months, going from December 31, 2020, to June 30, 2021.