TDHCA Seeking Funds for Housing Pilot Program
TDHCA last month submitted an application to the Department of Homeland Security-Federal Emergency Management Agency (DHS-FEMA) for $63 million in the federal agency's Alternative Housing Pilot Program.
The program will allow the five Gulf States of Texas, Louisiana, Mississippi, Alabama, and Florida—each impacted by hurricanes in 2005—to compete for $400 million in pilot projects to find housing alternatives that meet current and future needs of households affected by natural disaster.
FEMA has not yet established a timetable with respect to a final decision on these awards. Depending on the projects selected for final approval, grant awards could begin as early as 30-60 days once the panel has made its decision; however, others could take longer if the other considerations are complex. TDHCA, should its application be accepted, will have 24 months to obligate all funding.
For more information on TDHCA's application for the pilot program, please contact Skip Beaird, Single Family Product Development Specialist, at (512) 475-0908 or by email at email@example.com