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Please join us for this program that will review the significant changes made to the 2024 Texas Qualified Allocation Plan (QAP). TAAHP QAP Committee Co-Chairs Kathryn Saar of The Brownstone Group and Deborah Welchel of Volunteers of America will take a deep dive into the changes, including any changes or adjustments made by Governor Abbot by the December 1st deadline for release. Saar and Welchel will also walk through how these changes will impact the development of housing tax credit properties in Texas.
FREE to attend
Registration closes at 12:30 p.m. CT on December 13th.
This event is open to TAAHP members only. TAAHP memberships are assigned to individuals rather than organizations/companies. If you are not a current member, we invite you to join today! If someone in your organization is a member, you could qualify for an Affiliate membership at a reduced rate. For more information about TAAHP membership levels and to join, click here. If you have any questions, please email email@example.com
A Recording Will Be Made Available to All Registrants
- Registration closes at 12:30 p.m. CT on December 13.
- Includes 2 Attendees. Payment Online Required.
Kathryn Saar has spent more than 15 years in the affordable housing industry and has broad experience in both the public and private sectors. She joined the Texas Department of Housing and Community Affairs in 2009 at the inception of the TCAP and Exchange programs. After managing a portfolio of Multifamily HOME loans, Kathryn moved into the newly formed Asset Management division where she coordinated project management of TCAP and Exchange deals, underwrote Cost Certifications, and helped create many of the tools and processes for the new division. In her final role at TDHCA, she managed the 9% Tax Credit program for the 2014 and 2015 cycles. In 2015, Kathryn began consulting for the Brownstone Group, and joined their development team in 2020. Since entering the private sector, Kathryn has procured 9% LIHTC allocations generating more than $161MM in tax credit equity, and more than $241MM in associated financing, successfully producing more than 1,400 units. She has extensive experience with various funding sources, including Fannie, Freddie and HUD loans, USDA loans, Mixed Finance, RAD conversions, HOME and CDBG funding, and Historic Tax Credits, both State and Federal. Kathryn manages developments from initial concept, through construction, lease-up, and long-term property operations. She was part of an executive team that started Brownstone Residential, LLC, which currently manages more than 3,100 units across Texas, Louisiana, and Mississippi, where she currently serves in an advisory capacity.
Deborah Welchel, Volunteers of America National Services
Her prior experience included her role as Vice President – Asset Manager for Mayfair Management Group, LP and provided general oversight to the management of each assigned property, Director at Edgewater Affordable Housing, where she served in multiple capacities, and Senior Vice President with The Siegel Group where she provided financial services to real estate oriented non-profit and for-profit organizations.
Deborah began her career in affordable housing as Manager of Credit Underwriting at the Texas Department of Housing and Community Affairs. For four years she was responsible for the administration of credit policies and underwriting standards and for determining risk and viability for the Low-Income Housing Tax Credit, Multifamily Private Activity Bonds, HOME, CDBG, and Housing Trust Fund programs. There she prepared detailed underwriting analyses that included review and verification of operating proformas and development costs as well as appraisal evaluations, market studies, environmental assessments, and engineering reports.