TDHCA’s Asset Management division would like to remind Owners and Agents of Housing Tax Credit Developments that the Land Use Restriction Agreement (LURA) for Housing Tax Credits must be recorded by the Owner before the end of this year for Development’s that identify 2026 as the first year of the credit period. Since LURA originations may take 30 days or more, requests must be submitted by the end of September to avoid any potential delays due to corrections or recording timelines.
Requests for LURAs must be submitted using TDHCA’s LURA Origination Request package (https://www.tdhca.texas.gov/sites/default/files/asset-management/docs/LURA-Origination-Request_0.xlsx), located in the LURA Origination section of the Department’s website at https://www.tdhca.texas.gov/post-award-activities-manual.
Please note, if a development received a 4% HTC award and already has a Bond LURA, the Owner must still request the Housing Tax Credit LURA. Similarly, if a development received an award of MFDL funds and also has Housing Tax Credits, the Owner must still request the Housing Tax Credit LURA.
Questions can be directed to the Asset Manager assigned to the Development’s region. If you need assistance identifying the Asset Manager assigned to your Development, please refer to the Asset Management Region Map with Assignments (PDF), February 2025 (https://www.tdhca.texas.gov/sites/default/files/asset-management/docs/AssignmentMap_0.pdf),
located on the Asset Management Contact List web page at https://www.tdhca.texas.gov/asset-management-contact-list.