TDHCA released the Draft 2022 State of Texas Low-Income Housing Plan and Annual Report (SLIHP) during the December 9th board meeting. The SLIHP offers policymakers, affordable housing providers, and local communities a comprehensive reference on statewide housing needs and housing resources. The format is intended to help these entities measure housing needs, understand general housing issues, formulate policies and identify available resources. As such, the SLIHP is a working document, and its annual changes reflect changes in programs or funding amounts, policy changes, statutory guidance, and input received throughout the year.
TAAHP has not written a summary on the 2022 SLIHP since it’s currently in draft form. However, the following excerpts have been provided regarding tax credits from the document below.
DRAFT SLIHP HIGHLIGHTS
The Department allocated $196,975,622 in 4% and 9% HTCs during SFY 2021, which represents a one-year value. TDHCA received $1,012,617 in 9% tax credits from the federal pool of unused funds in 2021. There were $138,041 in 9% tax credits from the 2019 HTC cycle year at the end of the 2021 calendar year. As of October 15, 2021, there were $704,991 in unused 9% tax credits remaining for the 2021 HTC cycle.
Geographic Distribution of Housing Tax Credits (2021)
PUBLIC COMMENT PERIOD AND PUBLIC HEARING
A 30-day public comment period for the SLIHP will be held from Monday, December 20, 2021, through Tuesday, January 18, 2022, at 5:00 p.m. Austin Local Time.
A virtual public hearing will be held on Wednesday, January 12, 2022, at 2:00 p.m. Austin Local Time on the GoToWebinar service. Participants can join the hearing by utilizing the web link: https://attendee.gotowebinar.com/register/1755905095225612812
Participants may also call into the hearing by using the following phone number and access code.
Phone number: +1 562-247-8422247-8422
Access Code: 562-247-8422
THE SLIHP IS ORGANIZED INTO SEVEN SECTIONS AND APPENDICES:
- Section 1: Introduction – An overview of TDHCA and the SLIHP;
- Section 2: Housing Analysis – An analysis of statewide and regional demographic information, housing characteristics, and housing needs;
- Section 3: Annual Housing Report – A comprehensive statement of activities for State Fiscal Year (SFY) 2020, including actual numbers served and a discussion of TDHCA’s goals;
- Section 4: Action Plan – A description of TDHCA’s program descriptions and plans, resource allocations, policy initiatives, special needs, and goals;
- Section 5: Pandemic Response – An overview of the federal funds allocated and corresponding TDHCA programs developed in order to prepare for and respond to the COVID19 pandemic;
- Section 6: Public Participation – Information on the SLIHP preparation and a summary of public comment;
- Section 7: Colonia Action Plan – A biennial plan for 2022-2023 which discusses housing and community development needs in the colonias, describes TDHCA’s policy goals, summarizes the strategies and programs designed to meet these goals, and describes projected outcomes to support the improvement of living conditions of residents of colonias;
- Section 8: Texas State Affordable Housing Corporation (TSAHC) Plan – This section outlines TSAHC’s plans and programs for 2022 and is included in accordance with Tex. Gov’t Code §2306.0721(g);
- Appendix A: TDHCA’s enabling statute and Tex. Gov’t Code Chapter 2306;
- Appendix B: Housing Analysis Regional Tables;
- Appendix C: Subrecipient Tables for Community Affairs Programs and Homelessness Programs;
- Appendix D: TDHCA Goals and Objectives;
- Appendix E: Bibliography; and
- Appendix F: Acronyms.