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This is a notification for owners of developments that received HOME, NSP, NHTF, and TCAP-RF funds that an updated Rent Approval Tool has been added to the Asset Management Post Award Activities page at https://www.tdhca.state.tx.us/asset-management/docs/20-HOMERentApprovalTool.xlsx. Please note that the Exhibit 3 (Rent Schedule) tab in the rent approval tool must identify all unit types and rents collected for the development.

As a reminder, if a development received a commitment of HOME, NSP, NHTF, and TCAP-RF funds on or after August 23, 2013, and construction is complete, an annual rent approval request must be submitted to the assigned Asset Manager no later than July 1 of each year in accordance with 24 CFR Section 92.252(f), Section 93.302(c)(2), 24 CFR Section 92.219, and 10 TAC Section 10.403.

If you have any questions, please contact the Asset Manager assigned to the development. A list of assigned Asset Managers can be found at https://www.tdhca.state.tx.us/asset-management/contacts.htm.