State housing agency’s $48.6 million in housing tax credits to expand housing choices, support local economies

State housing agency’s $48.6 million in housing tax credits to expand housing choices, support local economies

AUSTIN, TX – July 30, 2012 – (RealEstateRama) — The Texas Department of Housing and Community Affairs (TDHCA) today announced it has allocated $48.6 million in housing tax credits to developers of affordable rental properties, helping increase housing choices for the state’s growing population of younger working families and senior citizens.

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The Texas Department of Housing and Community Affairs (TDHCA) is the state agency responsible for affordable housing, community services, energy assistance, and colonia housing programs. The Department annually administers more than $400 million through for-profit, nonprofit, and local government partnerships to deliver local housing and community-based opportunities and assistance to Texans in need.

Contact:

221 East 11th Street
Austin, Texas 78701

Direct Dial - (512) 475-2200
Toll Free - (800) 500-7074
Fax - (512) 475-1109

Media contact:
Gordon Anderson/512.475.4743
Jill McFarren/512.475.2844

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