TDHCA

Funding from the State of Texas, City of Houston, Harris County Saves At-Risk Permanent Supportive Housing

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 4, 2024 /PRNewswire-PRWeb/ -- Temenos Community Development Corporation (CDC) in partnership with The NHP Foundation ("NHPF"), a national not-for-profit provider of affordable housing, announced the opening of Rasmus-Temenos, 95 Permanent Supportive Housing (PSH) apartments at a Ribbon-Cutting ceremony today.

Key Points: 
  • Funding for this transformative project includes significant contributions from the City of Houston Housing and Community Development, with $12.5 million allocated, and $11 million in Community Development Block Grant (CDBG) funding for Disaster Recovery from Harris County.
  • These critical funds, approved by the Texas General Land Office (GLO), underscore the government's commitment to supporting initiatives that address homelessness and housing insecurity.
  • Temenos CDC, known for its mission-driven approach to affordable housing and supportive services, has played a pivotal role in championing this initiative.
  • Eva Thibaudeau, CEO of Temenos CDC, highlighted the cooperative nature of the project and thanked all funding partners for their support.

Texas Rent Relief Program Application Portal to Close March 16, 2023, at 11:59 am CT

Retrieved on: 
Wednesday, March 15, 2023

AUSTIN, Texas, March 15, 2023 /PRNewswire/ -- With more than 70,000 applications submitted within the first 24 hours of re-opening, the Texas Department of Housing and Community Affairs (TDHCA) announced it will be closing the Texas Rent Relief (TRR) application portal on Thursday, March 16, 2023, at 11:59 am CT. For comparison, the highest number of applications seen in a single day when the portal first opened in 2021 was less than 20,000.

Key Points: 
  • Closing the portal helps ensure program staff can more quickly review applications and distribute the remaining funds.
  • Applicants facing eviction will be prioritized, as long as their application includes a valid eviction docket number.
  • Applicants that have started but not yet completed an application, must upload all documents and submit the application by Thursday, March 16, at 11:59 am CT.
  • Closing the portal with this new deadline helps ensure program staff can more quickly review applications and distribute the remaining funds.

Texas Rent Relief Program Re-Opens Applications for Limited Time, March 14-28

Retrieved on: 
Thursday, March 2, 2023

AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) announced it will re-open the Texas Rent Relief (TRR) application portal from March 14-28 in order to accept new applications for a remaining $96M in TRR funds. The TRR portal will accept new applications starting Tuesday, March 14 at 8 a.m. CT through Tuesday, March 28 at 11:59 p.m. CT, to help eligible households with rent and utility payments.

Key Points: 
  • AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) announced it will re-open the Texas Rent Relief (TRR) application portal from March 14-28 in order to accept new applications for a remaining $96M in TRR funds.
  • We're thankful for the opportunity to re-open Texas Rent Relief for two weeks to help more Texas tenants and landlords.
  • "To date, Texas Rent Relief has served more than 316,000 households affected by the pandemic.
  • Since the program launched in February 2021, TRR has provided over $2 billion in emergency funds for rent and utility relief, served 250 Texas counties and prevented evictions for over 21,000 households.

Texas Homeowner Assistance Fund Provides Free In-Person Help for Struggling Households Across the State

Retrieved on: 
Wednesday, November 2, 2022

AUSTIN, Texas, Nov. 2, 2022 /PRNewswire/ -- Texas homeowners financially impacted by the COVID-19 pandemic after January 21, 2020, now have access to local in-person support from the Texas Homeowner Assistance Fund (TXHAF). The program has nearly $500 million dollars available statewide to help eligible Texans who are behind on mortgage payments, property taxes, property insurance, homeowner/condo association fees, and/or utility bills.

Key Points: 
  • Texas Homeowner Assistance Fund has nearly $500 million dollars available statewide to help eligible Texans.
  • "Thank you to TDHCA for your hard work to ensure Texas homeowners have access toTexas Homeowners Assistance Fundresources," said Governor Greg Abbott.
  • "With new local in-person support options across our state, eligible Texans will havegreater access toassistance withcritical mortgage, property tax and insurance, homeowner and condo fees, and utility billneeds.
  • Approximately 72% of those funds were for mortgage assistance, 26% for property tax assistance, and the remainder for insurance premiums and utilities.

Texas Homeowner Assistance Program Exceeds $50 Million in Assistance Distributed, Over 7,000 Texas Households Provided with Home Loan and Property Tax Relief

Retrieved on: 
Wednesday, June 29, 2022

Through the Texas Homeowner Assistance Fund (TXHAF), eligible Texans affected by the pandemic can catch up on past-due home loan, property tax, property insurance and homeowner or condo association payments.

Key Points: 
  • Through the Texas Homeowner Assistance Fund (TXHAF), eligible Texans affected by the pandemic can catch up on past-due home loan, property tax, property insurance and homeowner or condo association payments.
  • "The Texas Homeowner Assistance application was very straightforward, and I even got a call from an agent who helped me upload the required documents.
  • Of the $65,000, up to $25,000 could be used to pay past due property taxes, homeowners' insurance and homeowner association fees.
  • "We encourage Texas homeowners in need of assistance to take advantage of this opportunity," explained Bobby Wilkinson, TDHCA's executive director.

Boston Financial Recognized as the Largest Syndicator of Low-Income and Affordable Housing in America

Retrieved on: 
Tuesday, June 7, 2022

Boston Financial Investment Management (Boston Financial), one of the oldest and largest syndicators of Low-Income Housing Tax Credits (LIHTC), has been ranked in the National Multifamily Housing Councils (NMHC) 2022 NMHC 50 as the top syndicator of Low-Income and Affordable Housing in America for the second consecutive year.

Key Points: 
  • Boston Financial Investment Management (Boston Financial), one of the oldest and largest syndicators of Low-Income Housing Tax Credits (LIHTC), has been ranked in the National Multifamily Housing Councils (NMHC) 2022 NMHC 50 as the top syndicator of Low-Income and Affordable Housing in America for the second consecutive year.
  • We are proud to be again recognized for our work in supporting the development and preservation of affordable housing across our 180,000 unit portfolio.
  • For over 50 years, Boston Financial has been a leader in financing and preserving low-income and affordable housing.
  • Boston Financial currently manages a $15.7 billion portfolio comprising over 2,100 properties, making Boston Financial the largest investment manager in the tax credit industry.

Texas DHCA Selects Yardi to Launch Homeowner Assistance Fund

Retrieved on: 
Wednesday, March 2, 2022

SANTA BARBARA, Calif., March 2, 2022 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) will directly assist homeowners affected by COVID-19 through its Homeowners Assistance Fund (HAF) program. Texans will qualify and receive funds through Mortgage Relief, an online application portal created by Yardi®.

Key Points: 
  • Texans will qualify and receive funds through Mortgage Relief , an online application portal created by Yardi.
  • Yardi Mortgage Relief is built on the successful Rent Relief solution used by many state and local agencies across the country to disburse emergency rental assistance funds .
  • The Yardi Mortgage Relief platform is an end-to-end solution that will expedite disbursement of funds to eligible homeowners in Texas.
  • Learn more about Yardi's innovative and comprehensive homeowner assistance fund management solutions by visiting https://www.homemortgagerelief.com/ .

Funding from the State of Texas, City of Houston, Harris County Saves At-Risk Permanent Supportive Housing

Retrieved on: 
Thursday, October 28, 2021

At the same time, 15 existing units for people experiencing homelessness will be completely rebuilt as part of the project.

Key Points: 
  • At the same time, 15 existing units for people experiencing homelessness will be completely rebuilt as part of the project.
  • The new 95-home community called Temenos Place Apartments, will be Permanent Supportive Housing (PSH) focused on reducing homelessness in Houston.
  • Funding for the project includes: $12.5 million From The City of Houston Housing and Community Development and $11 million in Community Development Block Grant (CDBG ) funding for Disaster Recovery from Harris Country.
  • Both City and County CDBG awards were approved by the Texas General Land Office (GLO).

Laurel Vista Apartments Brings Critical Affordable Housing to Beaumont Texas

Retrieved on: 
Friday, September 10, 2021

BEAUMONT, Texas, Sept. 10, 2021 /PRNewswire/ --Kittle Property Group, Inc. headquartered in Indianapolis, Indiana, is proud to announce the grand opening of its newest development in Beaumont, Texas: Laurel Vista .

Key Points: 
  • BEAUMONT, Texas, Sept. 10, 2021 /PRNewswire/ --Kittle Property Group, Inc. headquartered in Indianapolis, Indiana, is proud to announce the grand opening of its newest development in Beaumont, Texas: Laurel Vista .
  • Laurel Vista is located at 3400 Veterans Circle and is a new construction community open for residents 55 and over.
  • "Hurricane Harvey and the pandemic have shown us that affordable housing is more critical to the stability of our communities than ever," said a Kittle Property Group representative.
  • Community amenities at Laurel Vista include an on-site fitness center, business center, picnic pavilion, community room, dog park, and more.