“We realize that not all residents of an affordable housing development will, by default, be criminals. However, we are also not ignorant to the fact, which is supported by real statistics, that many criminals (especially violent criminals, drug-related criminals, and sex-offenders) tend to come from a lower socio-economic class. […] We feel that in this […]
Read more
Tag Archives: QCP
Recap of Sunset Commission Recommendations for TDHCA
December 23, 2010 
2 Comments
Last week the Texas sunset commission adopted its final recommendations regarding the Texas Department of Housing and Community Affairs (TDHCA). Burying its lead, the final recommendation adopted was to continue the department for another 12 years, recognizing the improvements since the last full sunset review in 2000. A detailed recap of the full recommendations is […]
Read moreRecap of TDHCA’s QAP Adoption
November 12, 2010 1 Comment
Last Thursday the board of the Texas Department of Housing and Community Affairs (TDHCA) adopted the rules governing the allocation of the Low Income Housing Tax Credit Program (LIHTC) in 2011. These rules are known as the Qualified Allocation Plan, or QAP. Regular readers may recall we recently posted our comments regarding the Draft QAP […]
Read moreNIMBYism in Real Time
October 21, 2010 Comments Off
“Studies show it [NIMBYism] has contributed to projects being clustered in less affluent areas with high concentrations of minorities, such as East Austin, while relatively wealthy and well-organized neighborhoods see few if any such projects.” –Austin American Statesman, 10/16/10 Just a few days after the Austin American Statesman discussion of the general impact of NIMBYism […]
Read more“Neighborhood” letters and Tax Credit Properties
October 18, 2010 Comments Off
Eric Dexheimer at that Statesman has an extensive article examining neighborhood groups and the Low Income Housing Tax Credit Program. The article examines groups created by investors for the purpose of writing support letters for developments, as well as how the state’s scoring of neighborhood letter’s impacts the program by giving power to NIMBY interests. […]
Read moreIf Not In Your Backyard, Then Where?
April 30, 2010 2 Comments
The Low Income Housing Tax Credit Program (LIHTC) is a federal program that supports the production of affordable multifamily housing. Most of these tax credits are awarded through a competitive allocation process administered by the Texas Department of Housing and Community Affairs (TDHCA). Developers apply for credits for a specific proposed development, TDHCA scores the […]
Read moreBooks we are reading
No data found
