TAAHP recently submitted a letter to TDHCA voicing strong concerns over a proposed change to Section 10.406 of the Texas Administrative Code, which would require local government approval before transferring ownership of TDHCA-regulated properties resulting in property tax exemptions. TAAHP argues that the proposed rule infringes upon existing rights to ad valorem tax exemptions, which are already guaranteed under Texas law, and creates unnecessary bureaucratic barriers for Public Entities seeking to acquire LIHTC properties. TAAHP emphasized that the rule undermines the intent of the Right of First Refusal (ROFR) process and risks politicizing affordable housing by introducing public hearings, which could jeopardize the long-term affordability of these properties. TAAHP respectfully requested that the proposed language be removed and that a public hearing be held to address the concerns raised. To read the full letter, please click [here].