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2019 QAP Project Roundtable -- May, Second Meeting (Income Averaging)

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Stephen F. Austin Building

1700 Congress Ave

Room 170

Austin, TX 78701

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The Multifamily Finance Division of the Texas Department of Housing and Community Affairs ("TDHCA") will hold its fifth planning meeting for the 2019 Qualified Allocation Plan ("QAP") and Uniform Multifamily Rules on Friday, May 25, 2018, from 9:00 a.m. to 12:00 p.m. This roundtable will be held at the Stephen F. Austin Building, Room 170, 1700 Congress Ave., in Austin, Texas.

The agenda for this meeting will include discussing the income averaging set-aside for Low Income Housing Tax Credit Developments ("LIHTC"). Income averaging is a new and third set-aside option for LIHTC Developments in light of the Consolidated Appropriations Act of 2018.

The most recent Project Plan has been posted to the Department's website http://www.tdhca.state.tx.us/multifamily/nofas-rules.htm.

A Handout for the agenda item will be distributed at the meeting, and is also currently available at the TDHCA Online Forum, https://tdhca.websitetoolbox.com/post/income-averaging-setaside-election-9748228?pid=1304305549 .

The TDHCA Online Forum for 2019 QAP Planning Project is posted on the Department's website, https://tdhca.websitetoolbox.com/?forum=641367, where stakeholders are encouraged to provide feedback on posted topics.

If you have any questions or ideas regarding the 2019 QAP Planning process, please contact Patrick Russell, 512/475-0927 or Patrick.russell@tdhca.state.tx.us

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Date and Time

Location

Stephen F. Austin Building

1700 Congress Ave

Room 170

Austin, TX 78701

View Map

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