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.
U.S. Senate Fails to Advance Key Tax Bill with Housing Credit Provisions
On August 1, the U.S. Senate voted 48-44 against advancing the Tax Relief for American Families and Workers Act (H.R. 7024), effectively halting progress on the bill. This legislation, which had passed the House with broad bipartisan support earlier this year,...
HUD Environmental Review Rule Updates
The U.S. Department of Housing and Urban Development (HUD) has published its final rule for Federal Flood Risk Management Standard (FFRMS), effective May 23, 2024, amending 24 CFR Part 55, Floodplain Management and Protection of Wetlands. To learn more about...
TDHCA posts Tentative 2024 9% HTC Award and Waiting List
As part of the 2024 Competitive (9%) Housing Tax Credit (HTC) cycle, TDHCA's Multifamily Finance division has posted a Tentative 2024 9% HTC Award and Waiting List on the Department's website at https://www.tdhca.texas.gov/competitive-9-housing-tax-credits. This list...
TDHCA posts info, form regarding Presidentially Declared Disaster areas affected by Hurricane Beryl
On July 9, 2024, President Biden declared that a major disaster exists in the State of Texas, and ordered federal assistance to supplement state and local efforts in the areas affected by Hurricane Beryl that began on July 5, 2024. Revenue Procedure 2014-49 provides...
Hurricane Beryl and Declared Disaster Areas Eligible for Federal Individual Assistance
On July 9, 2024, President Biden declared that a major disaster exists in the State of Texas, and ordered federal assistance to supplement state and local efforts in the areas affected by Hurricane Beryl that began on July 5, 2024. FEMA has now designated multiple...
Multifamily Compliance for HUD’s New Federal Flood Risk Management Standard Required No Later than Jan. 25
The U.S. Department of Housing and Urban Development (HUD) published a Federal Flood Risk Management Standard (FFRMS) final rule in the Federal Register its new regulations governing floodplain management and the protection of wetlands to implement the Federal Flood...
HUD, USDA Mandate Minimum Energy Standards for Housing — Adding to Development Costs
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) announced the adoption of the updated Minimum Energy Standards for new single and multifamily homes. All multifamily developments will have to comply with the 2021...
Houston Housing Authority lowers rent standard
HUD Updates Multifamily Insurance Deductibles to Address Rising Costs of Wind and Storm Coverage
Revisions will reduce costs for owners while continuing to ensure that properties have adequate insurance coverage – a key element of HUD’s work to address insurance costs and ensure communities recover from disaster WASHINGTON – The U.S. Department of Housing and...
Lake Travis ISD considers creating workforce housing options for staff
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