Overview
Housing Tax Credits are
federal tax subsidies for the construction, rehabilitation, reconstruction, and
adaptive reuse of rental properties for vulnerable populations including
families, elderly residents, and other special populations. While these are federal
tax subsidies, they are administered at the state level. The Federal Government
determines state allocations of tax credits based partially on state
population. In Texas, the Texas Department of Housing and Community Affairs
(TDHCA) awards the state’s tax credit allotment. In the administration of its
Housing Tax Credit (HTC) programs, TDHCA determines eligibility and awards
points based on actions taken by a municipality on behalf of a proposed
development within the city’s limits or extraterritorial jurisdiction.
Developers seeking 4% and 9% HTCs from TDHCA will use the current Housing Tax
Credit Policy to apply for necessary Resolutions from the City of San Antonio.
2024 Housing Tax Credit Policy
2024 COMPETITIVE 9% HOUSING TAX CREDIT APPLICATION MATERIALS & RESOURCES
Applications for Resolutions
from the City of San Antonio for developers applying to TDHCA for 2024
Competitive 9% Housing Tax Credits will be
accepted from November 29, 2023
until January 8, 2024 at 2:00 p.m
., Central Standard Time.
Restrictions on Communication will begin
November 29, 2023 and will continue until the agenda for the City Council
meeting in which Resolutions will be issued is posted. The Housing Tax Credit
Policy and 9% Application provide details about the Restrictions on
Communication.
Respondents may submit questions concerning
this application to Allison Beaver, Sr. Housing Policy Manager, Neighborhood
& Housing Services Department at
HousingPolicy@sanantonio.gov & Allison.Beaver@sanantonio.gov until
2:00 p.m., Central Standard Time, Friday, December 8, 2023. Questions received
after the stated deadline may not be answered.
Please note, the application
materials below have been updated and should be used for the 2024 application
cycle.
Application and Attachments:
Resources:
2024 NON-COMPETITIVE
4% HOUSING TAX CREDIT APPLICATION MATERIALS & RESOURCES
Applications for Resolutions from the City of
San Antonio for developers applying to TDHCA for Non-Competitive 4% Housing Tax
Credits will be accepted on a rolling basis starting November 29, 2023. Below
is the application for Resolutions and resources for developers seeking 4%
Housing Tax Credits. Please be see the 4% Submission Timelines document for
predicted deadlines for when you would like City Council to issue Resolutions.
Below is the application for Resolutions and resources for developers seeking 4%
Housing Tax Credits.
Please note, the application
materials below have been updated and should be used for any applications
submitted on or after November 29, 2023
.
Application and Attachments:
Resources: