Affordable Housing News Blog
TDHCA Board Accepts Report Regarding TAAHP Recommendations on 2022 Tax Credits
TAAHP leadership asked the TDHCA Board of Directors to consider an increase in housing tax credit allocation for 2020 awards.
New Hope Housing Elects Executive Chairman and New Directors to its Board
New Hope Housing elects a new executive chairman and two new directors to its Board of Directors in April.
Palladium Fain Street closes LIHTC development in Ft. Worth
Palladium closed its second 2020 9% low-income housing tax credit Multifamily Development for 2021 in February with the closing of Palladium Fain Street at 1069 Kings Highway in Fort Worth. This is a four-story, 90-unit mixed-income multifamily development with 81 units set aside for those earning between 30% – 60% of area median income with 10% of the units at market rate.
Texas based FTK Construction awarded LIHTC Rehab Development in SC
FTK Construction Services, LLC, awarded contract for the rehabilitation of Bridgeview Village Apartments in Charleston, SC.
Palladium Dallas Stemmons Apartments Closed and Under Construction
This is a three-story, 87-unit mixed-income multifamily development with set asides for those earning between 30% – 60% of area median income with a market-rate component.
Employment-Affected Households Less Likely to Obtain Rental Assistance than Other Safety Net Benefits in 2020
Study shows Employment-Affected Households Less Likely to Obtain Rental Assistance than Other Safety Net Benefits in 2020
Affordable Housing Credit Improvement Act
The Affordable Housing Credit Improvement Act, which seeks to expand the Low Income Housing Tax Credit Program, has been reintroduced in Congress this session as S. 1136 and H.R. 2573. The changes proposed in this legislation are estimated to increase the supply of affordable housing by over 2 million units over 2 years.
HUD Allocates Nearly $700 Million for Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) announced the allocation of $689,565,492.92 through the nation’s Housing Trust Fund (HTF) for affordable housing. See how much Texas will receive.
TDHCA Posts Revised 2021 9% HTC Award Limits and Estimated Regional Allocation
A revised 2021 9% HTC Award Limits and Estimated Regional Allocation has been posted
TDHCA Posts 9% HTC Application Submission Log
A revised version of the preliminary 2021 9% HTC Application Submission Log has been posted
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