The bank doesn’t want your mortgage: with more profit to be made at less risk in other ventures, banks are…
Category: Subsidized Housing
All posts related to subsidized housing, be it public housing, tax credits, Section 8 housing, and more, can be found under this category.
Will corruption convictions bring reform to housing programs?
In the wake of the conviction of former Dallas Mayor Pro Tem Don Hill and Planning Commissioner D’Angelo Lee in…
Former Dallas Mayor Pro Tem and others guilty in housing tax credit case
The Dallas Morning News reports the federal district court jury found all of the defendants in the Dallas Low Income…
Bo McCarver’s weekly housing news compilation – 9/22/2009
The annual American Community Survey has been released and shows the pervasive effects of the recession. The meltdown of the…
New TxLIHIS initiative seeks improvements in housing tax credit program
We are pleased to announce a major new initiative at TxLIHIS. One of the largest affordable housing programs in Texas…
Questions about nonprofit emerges in housing tax credit corruption trial
In an earlier post (see issue 14) I mentioned that some social services that Low Income Housing Tax Credit developers…
Overview of the Tax Credit Exchange Program in Texas
Federal Program Highlights: Funding: 3 Billion Administering Agency: US Treasury Unused funds must be returned by 1/1/2011 Texas Program Highlights:…
Overview of the Tax Credit Assistance Program (TCAP) in Texas
Here is a brief overview of the Texas Credit Assistance Program and how it is shaping up in Texas. Federal…
It worked! TDHCA Tax Credit Exchange Program gets apps for 883 ELI apartments
The 2009 Stimulus Bill (American Recovery and Reinvestment Act of 2009) contained a provision allowing the limited exchange of tax…
Texas gets 3,111 Section 8 vouchers for hurricane survivors
Now here is some really good news for Texas, and especially for the survivors of Hurricanes Katrina and Rita. As…
Ten principles should guide state administration of the Low Income Housing Tax Credit program
The Low Income Housing Tax Credit (LIHTC) program is the largest affordable housing production program in Texas. At the Texas…
Dallas Housing Authority misfires in war on crime
The Dallas Housing Authority’s board of directors (DHA) adopted a new policy this week to require public housing tenants to…
Bo McCarver’s housing news compilation – 8/18/2009
Across the nation, struggling homeowners who are behind in paying taxes on their homes are now faced with huge fees…
Who is to blame in the Dallas tax credit corruption scandal?
In response to a recent blog post I received the following comment from an anonymous reader… Offering a bribe to…
When the price of community support got too high, housing tax credit developer turned to FBI
It’s like a pornographic movie… the Dallas housing tax credit trial… everyone gets screwed. In today’s trial testimony the Dallas Morning…
Government witness in Dallas corruption trial testifies he paid for community support for tax credit deal
Low income housing tax credit developer and star government witness in the Dallas public corruption trial Bill Fisher admitted in…
Bo McCarver’s housing news compilation — 8/11/2009
Years after Hurricanes Rita and Ike, FEMA has been ordered by a federal judge to publish rules for homeowners to…
Advocates offer recommendations to improve the Texas Low Income Housing Tax Credit Program
The Low Income Housing Tax Credit Program is the program that produces, by far, the largest number of affordable housing…
Hooray! Today was a historic day of progress in Texas affordable housing
The Board of Directors of the Texas Department of Housing and Community Affairs approved today a plan to use the…
$55,000 was the price for community support for affordable housing in Dallas
A document introduced into evidence today in the Dallas public corruption trial surrounding the Texas Low Income Housing Tax Credit…
Black children pay a high price for living in poverty neighborhoods
In the United States, living in a poor neighborhood often means living in an environment that is unhealthy and violent, and…
Tax credit apartments for extremely low income families focus in Dallas public corruption trial
A request to get the Dallas City Council to waive requirements that a portion of the apartments built by Low…
Bo McCarver’s weekly housing news compilation – 7/21/2009
It’s just getting harder and harder for business editors to spin rosy real estate articles but creativity abounds — we’re…
Government housing programs can and do help the poorest families in Texas
I blogged last week about the need for housing programs to recognize the housing needs of families well below 30…
FBI recordings show tax credit developer and indicted local officials discussed redirecting housing bonds away from the poor
If you want to be discouraged about the way affordable housing has done in Texas all you need to do…
A culture of greed tarnishes the Texas Low Income Housing Tax Credit program
The Low Income Housing Tax Credit program in Texas is sometimes more about the developers making money building housing and…
The case for a new category of housing need — below poverty income
I have made myself an annoyance to many in the for-profit housing development industry by my constant insistence that housing…
Let’s take care to avoid developer windfalls in the new LIHTC program
I haven’t discussed it much yet, but there’s a lot to be said about the new Low Income Housing Tax…
It is not a proposal to build a toxic waste dump for Pete’s sake!
I came across this sign today in Austin providing a “public notice” regarding an application to build housing for the…
Why was the leader of a failed Texas housing nonprofit a major political contributor to Texas officials?
Steve Sterquell, the one-time head of the now bankrupt Amarillo, Texas nonprofit affordable housing corporation American Housing Foundation, gave out…