Funding Sources & Background
The Texas Housing Trust Fund was established in 1991 by the 72nd Legislature, Senate Bill 546, to create affordable housing for low- and very low-income individuals and families. It is the only State-authorized source of funding for affordable housing programs. Funding sources consist of appropriations or transfers made to the fund, unencumbered fund balances, and public or private gifts or grants. The Department's Texas Housing Trust Fund Plan details the strategy for expending the appropriations or transfers.
During the Regular Session of the 88th Legislature, the Department was appropriated additional General Revenue for the Texas Housing Trust Fund in the amount of $9,960,721 for the 2024-2025 Biennium.
|Total Annual General
2024-2025 Housing Trust Fund Plan
With Board approval, the Department has determined to program and expend the 2024-2025 Texas Housing Trust Fund appropriations in the amount of $9,960,721 as follows:
2024-2025 Biennial Funds for State Housing Trust Fund
|Use of Funds||Amount|
|Total Biennial Appropriation||$9,960,721|
|Less 10% Administration for TDHCA||($996,072)|
|Net Balance Available for TDHCA Programming||$8,964,649|
|Less $2,983,757 in 2024 and $2,986,374 in 2025 for Bootstrap Loan Program Reservation System*||($5,970,131)|
|Less $175,000 for Bootstrap Loan Program Capacity Building||($175,000)|
|Less $1,466,618 in 2024 and $1,527,900 in 2025 for Amy Young Barrier Removal Program||($2,994,518)|
|Total Remaining to be Programmed||$0|
*Per Section 2306.7581 (a-1) of the Texas Government Code, at least $3,000,000 each state fiscal year is required for this purpose. Additional required funding will be made available from Bootstrap Program repayments.
- 2022-2023 HTF Biennial Plan, amended on September 2, 2021 (PDF)
- 2022-2023 HTF Biennial Plan, approved on July 22, 2021 (PDF)
- 2020-2021 HTF Biennial Plan, amended on December 12, 2019 (PDF)
- 2020-2021 HTF Biennial Plan, approved on June 27, 2019 (PDF)
- 2018-2019 HTF Biennial Plan, approved on June 29, 2017 (PDF)
- 2016-2017 HTF Biennial Plan, amended on January 28, 2016 (PDF)
- 2014-2015 HTF Biennial Plan (PDF)