Multifamily Tax-Exempt Housing Bonds

TSAHC has issued more than $730 million in multifamily tax-exempt bonds to help build or preserve affordable rental housing in Texas. We receive 10% of the state’s annual private activity bond volume cap for rental projects and have the authority to issue everywhere in Texas.  We target our funding in areas and for housing types that meet Targeted Housing Needs that our board establishes each year. These bonds are purchased by private investors and are not debt of the state.


Notice of Public Hearings

The Texas State Affordable Housing Corporation will be holding two public hearings on the proposed issuance of one or more series of multifamily housing revenue bonds to provide financing for the acquisition, rehabilitation and equipping of the Beckley Townhomes (fka Rosemont at Timber Creek), 801 Beckleymease Avenue, Dallas, Texas 75232, as well as to fund any working capital for the Project, any reserve funds and costs of issuance for the Bonds. The public hearings will take place:

Friday, June 22, 2018
1:00pm

Polk-Wisdom Branch Library
27151 Library Ln
Dallas, Texas 75232
Notice of Public Hearing

Friday, June 29,2018
12:00pm

Texas State Affordable Housing Corporation
2200 E. Martin Luther King Jr. Blvd.
Austin, TX 78702
Notice of Public Hearing

The Texas State Affordable Housing Corporation will be holding a public hearing on the proposed issuance of one or more series of multifamily housing revenue bonds to provide financing for the acquisition, rehabilitation and equipping of Walnut Creek Apartments, Located at 6409 Springdale Road, Austin, Texas 78723, as well as to fund any working capital for the Project, any reserve funds and costs of issuance for the Bonds. The public hearing will take place:

Friday, June 29,2018
12:15pm

Texas State Affordable Housing Corporation
2200 E. Martin Luther King Jr. Blvd.
Austin, TX 78702
Notice of Public Hearing

Individuals may transmit written testimony or comments regarding the subject matters of the public hearings listed above to David Danenfelzer at ddanenfelzer@tsahc.org.

David Danenfelzer
Senior Director of Development Finance Programs
Texas State Affordable Housing Corporation
2200 East Martin Luther King Jr. Boulevard
Austin, Texas 78702


Targeted Housing Needs

TSAHC targets the following housing needs in order to fulfill our legislative mandate to meet the needs of underserved housing populations. 

1. At-Risk Preservation and Rehabilitation of Existing Affordable Units 
2. Housing in Rural and Smaller Urban Markets
3. Senior and Service Enriched Housing Developments
                                                                           4. Housing in Areas with Disaster Declarations


Brochure

Download our Multifamily Tax-Exempt Bond brochure to learn more about the program and share with others who may be interested.

 

 


 

 


Program Policies and Guidelines

TSAHC has an open application cycle year round. Please review our guidelines and policies before submitting an application.

1. Programs Policies and Request for Proposals
2. Development Partnership Guidelines
3. Refunding and Restructuring Policy
4. Application
 


Current Portfolio 

Click on the links below to read about our current portfolio and proposals under consideration.

Current Portfolio

Proposals Under Consideration



 


 


Because the multifamily or rental housing private activity bond program can be used with the 4% Low Income Housing Tax Credit program, we recommend that developers review the latest information and application materials from the Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Program Division. Please contact TDHCA if you have questions about the Low Income Housing Tax Credit program.