Housing news crossing our desk that didn’t turn into full blog posts this week: TDHCA and TSHAC received $620k through the fifth round of the National Foreclosure Mitigation Counseling program (a program of the 2008 Housing and Economic Recovery Act). They expect to pass these funds through to local non-profits to reimburse counseling for up […]
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Tag Archives: TSAHC
First Time Homebuyer Programs at TDHCA and TSAHC
April 19, 2011 
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Both the Texas Department of Housing and Community Affairs and Texas State Affordable Housing Corporation operate First Time Homebuyer Programs using funds from the state bond ceiling. TxLIHIS has recently completed an analysis of these programs. We found some differences in the programs, although the differences are not large and may reflect the different focuses […]
Read moreHousing: The Newest Utility?
February 9, 2011 2 Comments
Governor’s office released their budget yesterday. Their proposed solution to the growing family homeless population in Texas? Flatline not only the “Homeless and Housing Services” budget, but eliminate the entire Department of Housing and Community Affairs. The exact proposal: “Consolidate the Texas Department of Housing and Community Affairs and its functions to the Texas State […]
Read moreTxLIHIS Files Comments on Sunset Staff Report on TSAHC
December 2, 2010 Comments Off
We recently submitted comments regarding the Sunset Staff report regarding the Texas State Affordable Housing Corporation. TSAHC underwent sunset review in during the 2009 legislative session, but the TSAHC sunset bill failed to pass during the regular session, and the Corporation is up for a limited re-review. Our comments: Dear Mr. Levine, The Texas […]
Read moreArticle explores causes of American Housing Foundation collapse
July 5, 2009 1 Comment
The Austin American-Statesman’s Eric Dexhiemer has a really good background story on the collapse of the American Housing Foundation in today’s paper. The story attributes the economic collapse to the thin margins that the corporation operated on and the fact that they lost their property tax exemption through a series of unfavorable court rulings. Dexhiemer […]
Read moreTX State Affordable Housing Corporation granted a reprieve
July 3, 2009 1 Comment
The Texas State Affordable Housing Corporation (TSAHC) won a reprieve from the Texas Legislature yesterday. The housing agency, along with four other state agencies, failed to be reauthorized during the regular legislative session to continue to operate. Because TSAHC was up for Sunset review in 2009, the failure of the Legislature to explicitly reauthorize TSAHC […]
Read moreOnce again, here is my prescription for fixing TSAHC
June 3, 2009 Comments Off
I wrote a year ago concerning my recommendations for the future of the Texas State Affordable Housing Corporation (TSAHC) but in light of the agency’s current precarious situation I want to restate what I think should be done to create a compelling mission for the agency. Because the functions of TSAHC and those of the […]
Read moreTexas State Affordable Housing Corporation left twisting in the wind
June 3, 2009 Comments Off
The Texas State Affordable Housing Corporation (TSAHC) was the least noticed among for state agencies left in limbo by the Texas Legislature’s adjournment yesterday evening. TSAHC had undergone a scheduled review by the state’s Sunset Advisory Commission a little over a year ago. Because of opposition of some members of the Legislature to continuing the […]
Read moreSunset Commission votes to reauthorize TSAHC for six years
June 28, 2008 Comments Off
As I noted in a posting earlier this week the Texas State Affordable Housing Corporation (TSAHC) is up for review during the next session of the Texas Legislature. As part of the Sunset Review Process the agency must be specifically reauthorized to continue in existence. On Tuesday the Sunset Commission board met and recommended some […]
Read moreSave the TX State Affordable Housing Corporation by giving it a new mission
June 23, 2008 Comments Off
On Tuesday, June 24 the Texas Sunset Commission will meet to make a recommendation to the next Texas Legislature whether to continue, modify or abolish the Texas State Affordable Housing Corporation (TSAHC). The staff of the Sunset Commission will recommend that TSAHC be continued in business for a probationary two year period. I agree with […]
Read moreCleaning house at the state
June 8, 2008 1 Comment
The June 5, 2008 compliance hearing video is 60 minutes. It provides a very useful overview of the issues surrounding compliance monitoring from TDHCA’s and TSAHC’s perspective. Watch the hearing video. Last Wednesday the Texas House of Representative’s Urban Affairs committee held a public hearing about strengthening efforts by the Texas Department of Housing and […]
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