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The Housing Tax Credit program was amended in March 2018 to allow a new minimum set aside. Owners may elect the Average Income minimum set aside. In this webinar you will learn how Texas is implementing this change.
  • Review minimum set aside elections and 8609 elections
  • Review “grey” areas of implementation and TDHCA’s approach to monitoring and reporting noncompliance until release of federal guidance
  • Identify Income Averaging policies and procedures outlined in Title 10 of the Texas Administrative Code, Subchapter F
Instructor: Patricia Murphy, Texas Department of Housing & Community Affairs
  • Patricia Murphy is Chief of Compliance for the Texas Department of Housing and Community Affairs. In this position, Patricia has oversight for the long term compliance of the Housing Tax Credit, Tax Exempt Bond, HOME, and State Housing Trust Fund programs. Patricia has been with TDHCA’s compliance division since 1995.
The session will begin at 10:00 a.m. central, and you'll receive detailed information about accessing the program in advance of the program. If you have any questions, please contact education@taa.org.