Latest News in Affordable Housing
DISCLAIMER: The Texas Affiliation of Affordable Housing Providers (TAAHP) posts informational resources that may impact or be useful to its members. The views, positions, and opinions expressed in news articles, research studies, or other resources are those of the authors and do not necessarily reflect the official policy or position of TAAHP or its employees. Views are subject to change at any time.
Corpus Christi’s average rent is $1,500 while yearly salary is about $45K
From Caller Times The Coastal Bend economy is described as "robust." Unemployment is the lowest in a decade at 4.3 percent. Corpus Christi added about 4,200 non-farm jobs, a growth of 2.2 percent from 2017, according to the Texas A&M University-Corpus Christi...
Investors say RAD Transactions are Different, but Worthwhile
From Novogradac The U.S. Department of Housing and Urban Development’s (HUD’s) Rental Assistance Demonstration (RAD) program creates another type of affordable housing in which to invest–and investors like RAD, even though there have been hurdles. Most notably, RAD...
Denton Citizen Survey Highlights Need for Affordable Housing
From NBCDFW Affordable housing is an issue in many North Texas cities. Results of a recent survey of Denton citizens confirms it's also a top concern for residents there. Affordable housing was one of the main needs highlighted in the annual National Citizen Survey, a...
Half of Nation’s Public Housing Authorities are Pursuing Health Investments in Housing
From ForbesThe nation’s public housing authorities are seeking closer links to health insurers and medical care providers to address social determinants of health.The Council of Large Public Housing Authorities (CLPHA) says half of the nation’s public housing...
Most Americans Cite a Housing Affordability Crisis Nationwide and Close to Home
Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to a new nationwide survey conducted on behalf...
U.S. House to Take Up Tax Extenders, Fix for LIHTC Veterans Projects
U.S. House Ways and Means Committee Chairman Kevin Brady last night released a broad tax package that the House is expected to consider later this week. The legislation includes retirement and other savings enhancements, reforms to the Internal Revenue Service, and...
Income Averaging to Pave the Way for More Affordable Housing
Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey. by Gail Kalinoski A majority of affordable housing leaders and lenders surveyed recently by Capital One on...
Fannie Mae Invests $145 Million in LIHTC Funds
From Affordable Housing Finance The funds with Cinnaire, OCCH, and MHEG will aim to bring capital to rural areas. Fannie Mae is committing up to $145 million in three low-income housing tax credit (LIHTC) funds that will focus on underserved rural markets. The funds...
Legislative Alert: Treasury Department Releases Proposed Opportunity Zones Regulatory Guidance
The U.S. Department of the Treasury (Treasury) has released proposed regulatory guidance on Opportunity Zones. These long awaited proposed regulations will help investors and local governments determine the types of developments eligible for Opportunity Funds...
Study shows regulation costs of multifamily projects exceeds 32% nationwide
National Association of Home Builders and its Multifamily Housing Council releases study showing regulation costs of multifamily projects exceeds 32% nationwide posted 09/15/2018 Regulation imposed by all levels of government accounts for an average of 32.1 percent of...
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