The TDHCA Board convened their monthly board meeting on June 25, 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: Under Item 1g, the Board approved the 2021 Low Income Home...
The Texas Department of Housing and Community Affairs (TDHCA) seeks to notify Owners and Agents that the deadline to submit the 10% Test package for 2019 9% Competitive Housing Tax Credit Awards has been further extended from July 15, 2020, to December 31, 2020, in accordance with IRS Notice 2020-53.
The Community Planning and Development (CPD) section of the U.S. Department of Housing and Urban Development (HUD) has released the 2020 income and rent limits for the HOME Investment Partnerships Program (HOME), Neighborhood Stabilization Program (NSP) and the National Housing Trust Fund (NHTF) programs. These limits have been incorporated into the 2020 Project Income and Rent Tool that can be found on the Texas Department of Housing and Community Affairs (TDHCA) website at https://www.tdhca.state.tx.us/pmcomp/irl/index.htm.
Earlier today, the Texas Department of Housing and Community Affairs (TDHCA) posted to its website a list of 2020 Competitive (9%) Housing Tax Credit Applications that are eligible for an award of tax credits for the 2020 program year. If you have an appealable...
The Texas Department of Housing and Community Affairs (TDHCA) seeks to notify Owners and Agents that the deadline to submit the 10% Test package for 2019 9% Competitive Housing Tax Credit Awards has been extended from July 1, 2020, to July 15, 2020, in accordance...
The TDHCA Board convened their monthly board meeting on May 21, 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 Board adopted a resolution recognizing June as...
On May 17, 2020, the TDHCA Compliance Monitoring rules (10 TAC, Subchapter F) became effective in the Texas Register. Please visit our website and review the new rules which can be found at: https://www.tdhca.state.tx.us/pmcomp/manuals-rules-htc.htm Also of note...
The Texas Department of Housing and Community Affairs (TDHCA) announces the opening of a public comment period, including one public hearing, for the draft 2021 Regional Allocation Formula (RAF) Methodology. The public comment period begins Friday, June 5, 2020,...
This week, NCSHA published a report showing how lowering the “financed-by” threshold — commonly referred to as the 50 percent test — for bond-financed Housing Credit projects would impact available Private Activity Bond cap and could increase multifamily affordable housing production.
The TDHCA Board convened their monthly board meeting on April 23, 2020. Here is a summary of the board actions: The Board passed two resolutions: (1) celebrating May 2020 as Community Action Month in Texas – observing the hard work and dedication of Texas...
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