Multifamily Development
In a city where over half of our population rents homes, we need to make sure we’re meeting their needs. HCDD relies on community partners and developers to create affordable apartment units throughout the city. We give financial backing for developers to create new units, a portion of which must be held to lower-income people for affordability periods up to 40 years.
Residents looking for available apartments to rent should refer to the Rental Assistance page.
Subscribe to our email list to be notified about upcoming funding opportunities.
Developers
How to Apply for Funding
The Department regularly creates Notices of Funding Availability (NOFAs) to select projects. Developers should also look to banks, investors, and private philanthropy for more funding. The latest requests were made through our Harvey Multifamily Program .
In addition, HCDD gives Resolutions of No Objection and Resolutions of Support to support projects receiving 4% and 9% Tax Credits.
Documents for Tax Credit Resolutions
| Document Title | Date Added | Download |
|---|---|---|
| 2021 Resolution Summary for 9% Housing Tax Credit Applications | 02/02/2021 | View |
| 2021 9% Tax Credits Request for Support Resolution | 12/08/2020 | View |
| Housing Tax Credit Resolution Guidelines - 2021 | 12/08/2020 | View |
| Housing Tax Credit Resolution Guidelines – 2020 | 01/06/2020 | Download |
| 4% HTC – Request for Resolution of No Objection | 11/05/2018 | Download |
| 4% HTC – Example of a Completed Request for Resolution of No Objection | 12/16/2019 | Download |
| Minimum Property Standards for Rehabilitation, Reconstructions, and New Construction | 07/28/2021 | View |
| Aging-In-Place-Standards | 07/10/2018 | View |
Most Recent Awards
In January 2020, a total of 20 projects were approved to receive Resolutions of Support for 9% Tax Credits. These projects can be reviewed in this packet of fact sheets.
Compliance for Developers
Fair Housing
The Fair Housing Act protects individuals and families from discrimination in the sale, rental, financing or advertising of housing based on their race, color, religion, family status, national origin, sex, or disability. HCDD is committed to promoting fair housing and providing quality affordable homes in all neighborhoods.
In the case of questions about rights of both tenants and landlords, please see this comprehensive guide . Upon request, we can also provide a hard copy of this booklet. To make a fair housing complaint, call our hotline at 832-394-6200, extension 5.
