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TSAHC issues tax-exempt multifamily private activity bonds to finance multifamily rental housing projects that meet one of the following priorities: 1) at-risk preservation and rehabilitation, 2) rural and smaller urban markets, 3) senior and supportive housing developments, or 4) disaster relief housing.
The developer is offering to pay the city $357,000 to get the tax break rather than setting aside units to affordable housing. Fort Worth to consider $2.5 million tax break for 357-unit south side ...
The Texas Department of Housing and Community Affairs (TDHCA) is the state's lead agency responsible for homeownership, affordable rental housing, community and energy assistance programs, and colonia activities serving primarily low income Texans. The Manufactured Housing Division of TDHCA regulates the manufactured housing industry in Texas.
Create an affordable housing equity program to ensure rent in multi-family rental units is no higher than 30% of a household's income. Create a concessionary debt program to finance the development of low- and middle-income multi-family rental units and existing affordable housing projects. Create an affordable home ownership program that ...
Mar. 23—A measure that calls for creating a committee to study how local land-use and zoning laws affect affordable housing development got a positive reception from a legislative panel Monday.
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The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
More subsidized affordable housing, more market-rate rentals, more high-end condominiums." [122] In 2017, YIMBY groups successfully lobbied for the passage of Senate Bill 35 (SB 35), which streamlines housing under certain criteria, among other "housing package" of bills. [123]