TDHCA's Asset Management Division reminds Owners and Management Agents with properties intending to place buildings in service in 2023 that the recorded Housing Tax Credit (HTC) LURA must be returned to the Department no later than the end of the first year of the Credit Period: December 31, 2023.
The TDHCA is releasing 10 TAC Chapter 12, the Multifamily Housing Revenue Bond Rule for public comment from September 22, 2023 through October 13, 2023, at 5 p.m.
The TDHCA Compliance Division has revised the Income Certification form and applicable Income Eligibility forms due to changes resulting from Housing Opportunity Through Modernization Act of 2016 (HOTMA) requirements.
The TDHCA Board convened its monthly board meeting in September 2023. Here is a summary of the board's actions.
Section 2306.1112 Tex. Gov't Code required the Department to establish the Executive Award Review and Advisory Committee (EARAC), which provided approval of all awards prior to presentation to the Board. However, HB 4550, passed by the 88th Texas Legislature, removed Section 2306.1112 from the Department's statutes, thereby eliminating EARAC. Sections 2306.057 and 2306.6713 still require the Compliance Division to assess the compliance history of applicants, the compliance issues associated with the proposed or existing Development, and provide such assessment to the Board. 2 CFR Section 200.331(b) and (c), and Texas Grant Management Standards (TxGMS), also require that the potential performance and background of applicants are reviewed with state and federal funds.
The Texas Department of Housing and Community Affairs (TDHCA) has updated the Preliminary Draft 2024 selected Site Demographics report.
TDHCA is released a proposed rule action for the repeal and proposed new replacement of 10 TAC Subchapter G, Affirmative Marketing Requirements and Written Policies and Procedures. The public comment period ends at 5:00 p.m., Central Time, on September 11, 2023.
The Texas Department of Housing and Community Affairs (TDHCA) Compliance Division held a roundtable discussion on August 9, 2023, regarding the monitoring of the Section 811 PRA Program.
TDHCA posted updated 2022 HOME-ARP National Housing Trust Fund Set-Aside and 2023.2 HOME-ARP Rental Notice of Funding Availability Application Logs.
The Rules Committee of the Texas Department of Housing and Community Affairs (TDHCA) Governing Board will meet at 1 p.m. Central time, on Tuesday, August 15, 2023.
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