More Texans will soon have significantly greater options regarding where they choose to live as the result of TDHCA's awarding of $60.1 million in federal housing tax credits to private developers building or rehabilitating rental properties offering reduced rents.
The awards, made through the Department's 2014 Housing Tax Credit Program allocation cycle, are expected to help produce or preserve approximately 5,407 units of affordable rental housing.
The program is increasingly important to the state's growing numbers of young working families, as it expands the housing choices for these households while offering them increased opportunities to improve their economic circumstances. More »
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