J. Carley Butler

J. Carley Butler

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

Community Reinvestment Act Final Rule Update

On October 24, 2023, the Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation issued a final rule to strengthen and modernize regulations implementing the...more

11/8/2023  /  Banking Sector , Community Reinvestment Act , Financial Institutions , Financial Services Industry , Investment , Investors , Lending , Low Income Housing

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
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