Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

Non-Competitive (4%) Housing Tax Credits

General Information

The Housing Tax Credit (HTC) Program is one of the primary means of directing private capital toward the development and preservation of affordable rental housing for low-income households. The tax credits are awarded to eligible participants and provide a source of equity financing for the development of affordable housing. Investors in qualified affordable multifamily residential developments can use the HTCs as a dollar-for-dollar reduction of federal income tax liability. The value associated with the HTCs allows housing to be leased to qualified families at below market rate rents. The Non-Competitive (4%) Housing Tax Credit program is coupled with the Multifamily Bond Program when the bonds finance at least 50% of the cost of the land and buildings in the Development. There are a variety of bond issuers (PDF) in the State from which to select, with some limitations on the location of the development. For more information, visit the FAQs page. For bond issuer or bond information, visit the Multifamily Bonds page.

Apply for Funds

Visit the Apply for Funds page for the Uniform Multifamily Application and supplemental program materials needed to complete your application. Visit the NOFAs and Rules page for the Uniform Multifamily Rules and Qualified Allocation Plan detailing scoring, threshold, and other requirements.

Current Application Cycle Information

2013 4% HTC Applications

Additional Guidance and Resources

Additional reference materials for applicants and awardees are included below. For information regarding public hearings and TDHCA Board meetings, please visit the Community Information page. For forums and recent announcements, please visit the Announcements & Forums page. For a list of upcoming events and trainings, please review the Events Calendar.

Post Award Guidance

Visit Asset Management for due dates and items pertaining to Owner Transfer Information, Amendment Requests, and Cost Certification. Visit the Compliance page for monitoring guidelines, Annual Owner's Compliance Report information, and the Income and Rent tool.