1. A revised 2021 9% HTC Award Limits and Estimated Regional Allocation has also been posted at https://www.tdhca.state.tx.us/multifamily/apply-for-funds.htm.
  2. This document reflects the allocation of the estimated 9% HTC Ceiling the Department expects to have available for allocation during the 2021 cycle. The ceiling is estimated using the 2021 population figure of 29,360,759 (IRS Bulletin 2021-19), multiplied by the 2021 cap rate of $2.8125 (IRS Rev. Proc. 2020-45). The “Elderly Funding Limits” have been revised to reflect the 2021 HISTA data. The column labeled “Final Funding Amount” is the column an Applicant can reference to determine the amount of the credit ceiling that is estimated to be available in each subregion for the 2021 cycle. Returned credits available to be reallocated in 2021 will be reflected in the column labeled “2021 Calendar Year Returns” as it is updated.