​Low Income Housing Tax Credit (LIHTC)

About LIHTC:

Under the Comprehensive Housing Policy, the City established a process and evaluation criteria to guide its approach regarding requests from developers of projects seeking housing tax credits from the Texas Department of Housing and Community Affairs (TDHCA) for Resolutions of No Objection or Resolutions of Support adopted by the City. 

There are two forms of the Housing Tax Credit (HTC):

  • 9% HTC: Considered to be "competitive." A Proposer may receive points for local government support. To Receive points, the application must include a Resolution of Support or No Objection from the governing body.
  • 4% HTC: Considered to be "non-competitive" since applications are not competitively scored and are awarded by TDHCA multiple times throughout the year. A Proposer must obtain a Resolution of No Objection from the governing body of the municipality. 

For a list or spreadsheet of Low Income Housing Tax Credit projects in Dallas visit the TDHCA Non-Competitive (4%) Housing Tax Credits page and download the HTC Property Inventory document under the Additional Guidance and Resources section.


The Department of Housing & Neighborhood Revitalization presented an overview of the preservation programs to the Housing and Homelessness Solutions (HHS) Committee on February 22, 2021. To learn more about LIHTC please watch the video below, or view the full HHS Council Committee meeting on the Dallas City News Network. 


 


DOWNLOAD THE PRESENTATION



How to Apply:

The City of Dallas has adopted a process and evaluation criteria to guide its approach regarding requests from developers of projects seeking HTC's from the Texas Department of Housing and Community Affairs for Resolutions of No Objection or Resolutions of Support from the City. 

For more information please view the adopted policy for Resolutions of No Objection or Resolutions of Support and the Request for Applications Guidebook (RFA).



DOWNLOAD THE RFA GUIDEBOOK

DOWNLOAD THE APPLICATION

VENDOR REGISTRATION FORM      

FAIR HOUSING REVIEW CHECKLIST     


Dallas Housing Finance Corporation:

The City of Dallas Housing Finance Corporation (DHFC) partners with affordable housing developers and can serve as the issuer of private activity bonds. Follow this link for more information about the Dallas Housing Finance Corporation.



HousingPolicy@dallascityhall.com     |     214-670-3644     |     www.dallascityhall.com/LIHTC