An eleventh hour amendment to the Texas Department of Housing and Community Affairs (TDHCA) Sunset bill by a strong opponent of housing tax credits gives each member of the Texas Legislature unprecedented power to choose the winning tax credit application in their district or to effectively block affordable housing tax credit developments altogether. The amendment removes from […]
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Tag Archives: Texas Sunset Advisory Commission
Opportunity to tame public corruption lost in veto of TDHCA Sunset bill
When Texas Governor Rick Perry vetoed the TDHCA Sunset Bill a week or so ago one thing that was lost was two years of work by the Texas Sunset Commission to reform a system of allocating Low Income Housing Tax Credits (LIHTC) that has sent a dozen or so Texans to the federal penitentiary. It […]
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Analysis: Governor Perry’s veto of Texas Department of Housing
On Friday Governor Perry vetoed the “Sunset Bill” for the Texas Department of Housing and Community Affairs (TDHCA) that would continue the agency in operation for 12 more years. Without passage of the Sunset Bill the state housing agency will wind down operations and cease to exist. The Governor says he vetoed the bill because […]
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April 26, 2013 