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Housing Tax Credits: What you need to know
Anyone who has been following recent activities at TDHCA has likely noticed that the federal Housing Tax Credit Program is receiving a lot of attention these days. The Housing Tax Credit (“HTC”) Program is the state’s primary means of directing private capital toward the development or rehabilitation of affordable rental housing.
State housing agency’s $48.6 million in housing tax credits to expand housing choices, support...
AUSTIN, TX - July 30, 2012 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced it has allocated $48.6 million in housing tax credits to developers of affordable rental properties, helping increase housing choices for the state’s growing population of younger working families and senior citizens.