Esme Thoman

Butler Snow LLP

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Governor Abbot Announces Over $95 Million In Housing Tax Credits

In July 2024, Governor Greg Abbott announced that the Texas Department of Housing and Community Affairs (TDHCA) awarded over $95 million in housing tax credits to help finance the development and rehabilitation of more than...more

8/9/2024 / Affordable Housing , Governor Abbott , Legislative Agendas , Low Income Housing , State and Local Government , Tax Credits

2023 Texas Legislative Updates to Low Income Housing Tax Credit Developments

During the 88th Regular Session, the Texas Legislature passed H.B. 1058 creating a state low-income housing tax credit program. The program will be administered by the Texas Department of Housing & Community Affairs (TDHCA)...more

10/3/2023 / Legislative Agendas , Low Income Housing , New Legislation , Real Estate Development , State and Local Government , State Legislatures , Tax Credits , Texas

2023 Texas Legislative Updates to Public Facility Corporations Owning Multifamily Developments

During the 88th Regular Session, the Texas Legislature passed HB 2071 to address the perceived misuse of property tax incentives used by Public Facility Corporations (PFCs). The legislation significantly updated Texas Local...more

7/13/2023 / Legislative Agendas , Multi-Family Development , New Legislation , Property Tax , State and Local Government , State Legislatures , Tax Incentives , Texas

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