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

Asset Management Rules

Draft 2018 Asset Management Rules (PDF) are available for public comment between October 27, 2017 and November 27, 2017 and will be brought before the Board in December for final approval. Written comments may be submitted to the Texas Department of Housing and Community Affairs, P.O. Box 13941, Austin, TX 78711-3941, ATTN: Raquel Morales, or by email to raquel.morales@tdhca.state.tx.us. All comments must be received by 5:00 PM, Austin local time, on November 27, 2017.

The 2017 Asset Management Rules (PDF) in section (Subchapter E) of the Uniform Multifamily Rules establish the requirements governing the post award and asset management activities associated with awards of multifamily development assistance pursuant to Tex. Gov’t Code, Chapter 2306 and its regulation of multifamily funding provided through the Texas Department of Housing and Community Affairs (the “Department”) as authorized by the legislature.

These rules are used in conjunction with the applicable Qualified Allocation Plan in the year the development was awarded, the Uniform Multifamily Rules (Subchapters A-C and G) (PDF), the Underwriting Rules (PDF) (Subchapter D), and the Compliance Rules (Subchapter F) and Subchapters B and C of Texas Administrative Code Title 10 Chapter 1 to guide post award and asset management activities. The Rules can also be viewed in their entirety on the Secretary of State site for the Texas Administrative Code (Secretary of State website).

Most prior year Qualified Allocation Plans and multifamily rules documents may be viewed by accessing the Multifamily Rules Archives.