COMMENTARY: Tax Credits,

Tax Reform and Individual Investors: A Fresh Look? JAMES D. HOWARD JR., DUDLEY VENTURES AND MARC L. SCHULTZ, SNELL & WILMER LLP Tax reform is on the horizon. While proponents are cautiously optimistic that investor-based tax credit programs (e.g., the low-income housing tax credit, the historic rehabilitationtax credit, new markets tax credit and renewable energy tax […]


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PUBLIC COMMENT PERIOD BEGINS

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 Compliance Monitoring Rules (Title 10, Chapter 1, Subchapter F, §10.610 and §10.613) The Compliance Division of the Texas Department of Housing and Community Affairs (“TDHCA”) has posted proposed amendments to Title 10, Chapter 1, Subchapter F, §10.610 concerning Written Policies and Procedures and §10.613 concerning Lease Requirements that were approved for public comment at the […]


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National Flood Insurance Program Primer

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The National Flood Insurance Program (NFIP) plays a critical role in directing the use and development of flood-prone areas and managing the risk of flooding for residential properties. Through member feedback it has come to our attention that most multifamily developers work with an insurance agent and subsequently have limited interaction with the program. As […]


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NPR and PBS

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FRONTLINE Misrepresent the LIHTC   Published by Dirk Wallace, Mark Shelburne, Michael Novogradac, Peter Lawrence on Wednesday, May 10, 2017 – 12:00am   On May 9 the television series FRONTLINE aired an installment titled “Poverty, Politics and Profit” (some of the content will air on National Public Radio in the coming weeks and has been […]


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HB 1449

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Hearing tomorrow morning in Senate B&C HB 1449 was passed out of the House last week and is now posted for a hearing tomorrow morning, Thursday 5/11, at 8AM in the Senate Business and Commerce Committee.   HB 1449 would prohibit Texas cities from implementing a linkage fee on all new construction. A linkage fee […]


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Southeast Houston residents

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demand a voice after long-overdue demolition of blighted apartments  by Will Livesley-O’Neill Tearing down the blighted Crestmont Village apartment complex is important for the safety of southeast Houston residents. But the City’s demolition ceremony on April 22 was just the first step in a more meaningful process: Building up the surrounding community by breaking the pattern […]


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Trump to Nominate

Patenaude as Deputy Secretary for Housing at HUD   Trump to Nominate Patenaude as Deputy Secretary for Housing at HUD WASHINGTON–April 28, 2017–President Donald Trump intends to nominate Pamela Patenaude to serve as Deputy Secretary for the U.S. Department of Housing and Urban Development (HUD), according to a White House announcement today. Patenaude is president […]


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How Congress Could Offset

 the Effects on Affordable Housing Production of a Reduced Corporate Rate Published by Dirk Wallace, Michael Novogradac, Peter Lawrence on Monday, April 17, 2017      Previously a discussion in this space illustrated the adverse effects of a reduced corporate tax rate and the House tax reform blueprint on low-income housing tax credit (LIHTC) equity […]


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2018 QAP Planning Project

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April 26, 2017 Meeting – Opportunity Index  The Multifamily Division of the Texas Department of Housing and Community Affairs (“TDHCA”) will hold the fourth planning meeting for the 2018 Qualified Allocation Plan (“QAP”) and Uniform Multifamily Rules on Wednesday, April 26, 2017. The meeting will take place from 2-5 p.m. Austin local time, in Room […]


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Washington Wire:

Cantwell-Hatch Affordable Housing Credit Improvement Act Provides Pathway Forward Published by Michael Novogradac on Monday, April 3, 2017       In the shadow of looming tax reform, 13 senators joined together in early March to introduce the Affordable Housing Credit Improvement Act, a bill that many affordable housing advocates see as the best way […]


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