Latest News in Affordable Housing
DISCLAIMER: The Texas Affiliation of Affordable Housing Providers (TAAHP) posts informational resources that may impact or be useful to its members. The views, positions, and opinions expressed in news articles, research studies, or other resources are those of the authors and do not necessarily reflect the official policy or position of TAAHP or its employees. Views are subject to change at any time.
Gov. Abbott and TDHCA Extend LIHTC Application Deadline
Governor Greg Abbott and the Texas Department of Housing and Community Affairs (TDHCA) have extended the submission deadline for housing tax credit applications. The original deadline of March 1st has been pushed to Monday, March 8th at 5:00 PM CT to allow extra time for housing developers to secure documentation or other communications needed while people were out of service.
TDHCA reports limited staff available due to severe weather and power outages
Due to severe winter weather and power outages in the general Austin area, a limited number of TDHCA Department staff are working today (Tuesday, Feb. 16). Responses to phone calls and email may be delayed as a result.
Governor Abbott released his Budget for 2022-2023 and his priorities for 87th Legislative Session
Governor Abbott released his Budget for 2022-2023 and his priorities for this session.
Pandemic-weary Parents Spend More Than Half Their Day Worried About Housing According to NHP Foundation Survey
Study from affordable housing provider queried families nationwide on Covid-related housing and financial woes; results point to vulnerability of existing affordable housing and urgent need for more.
New Research Released on the Costs of COVID-19 Evictions
This report, a collaboration between NLIHC and the Innovation for Justice (i4J) Program, highlights some of the public costs of eviction-related homelessness that the United States will incur if we do not provide adequate rental assistance and eviction protection.
Freddie Mac Multifamily Extends COVID-19 Forbearance Program
Freddie Mac (OTCQB: FMCC) has extended to March 31, 2021 the deadline for requesting a new or supplemental COVID-19 forbearance agreement for its Multifamily loans.
President Signs COVID Relief & Omnibus Spending Bill-Includes 4% Housing Tax Credit Permanent Floor
President Trump signs the COVID-19 Relief and Omnibus Spending Bill, which includes a minimum floor for 4% Housing Tax Credit, rent assistance, 1-month eviction moratorium extension, and $600 direct payments to most Americans.
908 Coalition Plan Includes $25 Billion for Coronavirus Relief Payments for Rental Assistance
The rental assistance provided by the legislation would be administered through the Coronavirus Relief Fund at the Treasury Department, with funding going directly to states, local governments, and Native American tribes.
Lument Provides $21.5M Agency Loan for Affordable Housing Property in El Paso
Lument, the newly combined organization of Hunt Real Estate Capital, Lancaster Pollard and RED Capital Group, has provided a $21.5 million Freddie Mac loan for the renovation of Jackie Robinson Memorial Apartments in El Paso.
Freddie Mac: LIHTC Program Essential to Affordable Housing in Rural Persistent Poverty Counties Across the Country
Freddie Mac released a white paper highlighting the vital role the Low-Income Housing Tax Credit (LIHTC) program serves in rural counties.
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