On July 6, 2025, President Trump declared that a major disaster exists in the State of Texas, and ordered federal assistance to supplement state and local efforts in the areas affect by severe storms, straight-line winds, and flooding that began on July 2, 2025.
Revenue Procedure 2014-49 provides relief to Housing Tax Credit (HTC) properties impacted by presidentially declared disasters from carryover through the compliance period. The Revenue procedure is on TDHCA’s website at https://www.tdhca.texas.gov/compliance-presidentially-declared-disaster-information-htc-properties-during-compliance-period.
If your property is in service and has been damaged by this disaster, please inform TDHCA within 30 days of the event through the use of the “Notice of Property Damage from Texas Severe Winter Storms (DR-4586)” form, which is available at https://www.tdhca.texas.gov/compliance-general-casualty-loss-information-htc-properties-during-compliance-period. The form should be uploaded to your CMTS account to the attention of [email protected].
FEMA has now designated multiple counties for Individual Assistance, which allows Housing Tax Credit (HTC) properties to provide emergency housing. A HTC property willing to provide emergency housing for displaced individuals should complete the “Request to Provide Emergency Housing” form at https://www.tdhca.texas.gov/compliance-presidentially-declared-disaster-information-htc-properties-during-compliance-period and upload it to your CMTS account.
Displaced individuals must be displaced from their principal residence as a result of the disaster, and their principal residence must have been located in a major disaster area designated as eligible for Individual Assistance by FEMA. Counties eligible for Individual Assistance are the following: Burnet, Kerr, San Saba, Tom Green, Travis, and Williamson.
We urge all owners to update their Unit Status Report to ensure accurate and reliable information about housing inventory. In addition, please review Revenue Procedure 2014-49 carefully to avoid noncompliance.
If you have questions, please contact TDHCA Director of Multifamily Compliance Wendy Quackenbush at (512) 305-8860 or [email protected].