The Texas Department of Housing and Community Affairs (TDHCA) seeks to notify Owners and Agents that the deadlines to submit the 10% Test package and the placed-in-service deadlines for 9% Competitive Housing Tax Credit Awards have been extended in accordance with IRS Notice 2022-05:
2018 9% HTC Awards:
The Placed-in-Service deadline has been extended to December 31, 2022.
2019 9% HTC Awards
The 10% Test deadline has been extended to July 1, 2022.
The Placed-in-Service deadline has been extended to December 31, 2023.
2020 9% HTC Awards
The 10% Test deadline has been extended to December 31, 2022.
The Placed-in-Service deadline has been extended to December 31, 2023.
2021 9% HTC Awards
The 10% Test deadline has been extended to December 31, 2022.
For more information concerning the 10% Test submission requirements or to find the 10% Test package forms, please see the Post Award Activities Manual and 10% Test section at the following webpage: https://www.tdhca.state.tx.us/asset-management/pca-manual.htm.
For Construction Status Reports, Development Owners are required to continue reporting each quarter in accordance with the Post Award and Asset Management Requirements (Asset Management Rules) located on the following webpage: https://www.tdhca.state.tx.us/asset-management/rules.htm. If construction has not started during the reporting quarter, a brief explanation of the status of the Development, including the anticipated closing date if it has not yet occurred, will be accepted in lieu of the initial Construction Status Report. However, a complete initial Construction Status Report must be submitted in the next reporting quarter following the Development’s closing.
Questions can be directed to your individual Asset Manager. Designated Asset Managers are listed on the Asset Manager Assignments and Contact List page at https://www.tdhca.state.tx.us/asset-management/contacts.htm.