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.
Saigebrook Development Celebrates Grand Opening of Aria Grand Apartments
From Community Impact Aria Grand Apartments, a 70-unit affordable housing complex at 1800 S. I-35, Austin, celebrated its grand opening Jan. 22. The affordable housing community built by O-SDA Industries and Saigebrook Development provides tenants programs to assist...
Survey: 68% of Austinites Say More Affordable Housing is Needed
The City of Austin’s community survey found that 68 percent of Austin residents believe more affordable housing is needed.
Texans Spending Too Much on Housing
Texans say they are spending too much on housing. New statewide poll results released found nearly half of Texas adults say it is difficult for them to find affordable housing in the area where they live, and a similar share believe they spend too much of their income on housing. The independent poll was conducted by the Texas Lyceum, the 40-year-old nonprofit, nonpartisan leadership organization.
CRA Reform: What it may mean to the Affordable Housing Industry
The new rule could leave developers looking for new funding sources and residents with even less affordable housing inventory. The proposed rule broadens the definition of what finance activities qualify as a community benefit. It also streamlines the new performance metric, which may not reflect the true investment in low- and moderate-income communities. The public comment period closes March 09, 2020.
Texas Senate IGR Public Hearing: 86th Legislative Interim
Late last year, the Texas Senate released their 86th Interim Legislative Charges for each of their committees. For the Senate Intergovernmental Relations (IGR) committee, a review of the (LI)HTC program was listed as the committee’s top priority.
Report: Over 1.7 Million Texas Households Housing are Cost-Burdened
In Texas the report shows that the number of households that were moderately or severely housing cost burdened has grown from 1.3 million in 2008 to over 1.7 million by 2018.
Group of Houston East-End Residents Fighting Against Affordable Housing
The Houston Housing Authority aims to build two mixed-income multifamily apartment communities in Houston’s rapidly changing East End neighborhood. The area has historically provided relatively affordable housing for what has long been where many of the city’s minority residents reside.
Senator Lucio Hosting Senate IGR Committee to Discuss Affordable Housing
State Sen. Eddie Lucio is inviting the general public to testify in front of the Texas Senate Committee on Intergovernmental Relations (IGR) on issues such as affordable housing and infrastructure resiliency. Sen. Lucio chairs the Senate IGR Committee. TAAHP Executive Director Roger Arriaga and TAAHP members were invited to take provide expert testimony that could offer insight into measures that would increase the supply of affordable housing in Texas.
2020 Multifamily Uniform Documents Revised for 9% Tax Credit Applications
The 2020 Multifamily Uniform Application posted on January 22, 2020, has been revised to correct Tab 48, the Tie-breaker Information worksheet. The revision only affects Competitive (9%) HTC applications.
TAAHP Member Seeking Approval for Affordable Housing in Round Rock
Plans call for income-restricted, multi-family affordable housing in Round Rock, TX, which residents must earn an overall average of 60 percent of the area median income.
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