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Resolution of Support for 9% HTC Developments in Houston’s City Limits

  • When: 2025/02/11
  • City: Houston
  • State: TX
  • Category: Affordable Housing
  • Subcategory: Affordable Housing Development

The Houston City Council approved a resolution in support of multiple affordable rental housing projects applying for Competitive 9% Housing Tax Credits (HTCs) from the Texas Department of Housing and Community Affairs (TDHCA). The resolution enables developments located within various districts of Houston to proceed in the competitive funding process. Each application was reviewed for alignment with the city's community development objectives and scored based on factors such as location in underserved areas, accessibility to public transit, provision of educational programs, and incorporation of mixed-income housing. This resolution was reviewed by the Housing and Affordability Committee on February 4, 2025, and final project selections for HTC funding will be announced in July 2025 by TDHCA.

Why it Matters

This resolution supports the expansion of affordable housing within Houston’s city limits, ensuring that projects meeting critical housing needs can advance in the competitive funding process. It strengthens Houston’s commitment to increasing access to affordable rental housing options for low-income residents.

Source

Allowed Uses: Development of affordable rental housing projects within Houston under the 9% Housing Tax Credit (HTC) program.