TDHCA Updates
Developers May Benefit from Submitting 9% HTC Waiver Requests Early
Developers might benefit by submitting waiver requests early to see how the TDHCA board of dirctors might vote on the waiver before application submission.
NSPIRE: Property Owners Now Required to Sign Physical Inspection Forms
The owner on record is now required to sign all forms, from EH&S (within 72 business hours) to the certification, for properties that score above 75 on physical inspections and remediated its items.
TDHCA February 2024 Meeting Highlights
The TDHCA Board convened its monthly board meetings in February 2024. Here is a summary of the board’s actions.
TDHCA Issues Guidance Regarding 2024 9% Housing Tax Credit Applications
TDHCA recently sent out an email concerning the availability of Federal Home Loan Bank’s (FLHB) Affordable Housing Program (AHP). This financing can be combined with federal funding such as Low-Income Housing Tax Credits (HTC), or state and local housing programs.
TDHCA Announcement: Property for Sale, Qualified Contract for Wood Bayou Apartments
The owner of Wood Bayou Apartments in Houston has provided proper notice of intent and requests that the TDHCA find a qualified buyer.
TDHCA Posts Additional 2024 9% Housing Tax Credit Materials and Documents
The Texas Department of Housing and Community Affairs (TDHCA) has posted to its website several new items pertaining to the 2024 9% Housing Tax Credit (HTC) cycle.
TDHCA posts Webinar on Forms
TDHCA posted a recording of a webinar hosted on February 9, 2024, covering the new and previous Compliance Forms used in tenant files to determine income and program eligibility.
Funding Alert: Federal Home Loan Bank Dallas announces availability of The Affordable Housing Program 2024 funding
TDHCA recognizes the invaluable benefit The Affordable Housing Program (AHP) by the Federal Home Loan Bank of Dallas (FHLB Dallas) offers our affordable housing developers. As such, FHLB Dallas has proudly announced a significant enhancement in its funding allocation...
TDHCA to host online Webinar and Q&A on Supportive Services and Open Session Forum on March 8
The Supportive Services presentation will cover all programs that require Supportive Services. Directly after the webinar, TDHCA’s Compliance staff will be available for questions
TDHCA releases Elections Under IRC, Affirmative Marketing rules for public comment
Under Tex. Gov’t Code Sec. 2001.039, which requires that state agencies review a rule every four years to assess whether the reasons for initially adopting the rule continue to exist, these sections are now required to be evaluated. Staff has determined that there is a continuing need for these rules to exist and that no revisions are currently warranted. The Secretary of State requires that even when no revisions are proposed, the rule be released for a public comment period. Therefore, the rule will be made available for public comment from February 23, 2024, through March 23, 2024, and returned to the Board for final approval.
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