TDHCA’s Asset Management Division reminds Owners and Management Agents with properties intending to place buildings in service in 2023 that the recorded Housing Tax Credit (HTC) LURA must be returned to the Department no later than the end of the first year of the Credit Period: December 31, 2023. Please submit your request for LURA origination as soon as possible to ensure there is enough time to resolve any discrepancies, coordinate with lien holders for signatures, and record in the county in which the Development is located.
Instructions to submit your request can be found in the Post Award Activities Manual, specifically in section “LURA Origination.” The Manual can be found at http://www.tdhca.state.tx.us/asset-management/pca-manual.htm. The request can be sent to [email protected] or directly to your assigned Asset Manager.
Please note, if you have a 4% HTC award and already have a Bond LURA, you still must request your Housing Tax Credit LURA. Similarly, if you received a Direct Loan award and also have Housing Tax Credits, you still must request your Housing Tax Credit LURA.
Questions can be directed to your Asset Manager. A list of asset management region assignments can be found at the following page: https://www.tdhca.state.tx.us/asset-management/contacts.htm.