Texas Administrative Code › Title 10 - COMMUNITY DEVELOPMENT › Part 1 - TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS › Chapter 11 - QUALIFIED ALLOCATION PLAN (QAP) › Subchapter A - PRE-APPLICATION, DEFINITIONS, THRESHOLD REQUIREMENTS AND COMPETITIVE SCORING › Section 11.2 - Program Calendar for Housing Tax Credits

Current through Reg. 49, No. 28; July 12, 2024
(a) Competitive HTC
				  Deadlines. Non-statutory deadlines specifically listed in the Program Calendar
				  may be extended by the Department for a period of not more than 5 business days
				  provided that the Applicant has, in writing, requested an extension prior to
				  the date of the original deadline and has established to the reasonable
				  satisfaction of the Department that there is good cause for the extension.
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(b)
				  Tax-Exempt Bond and Direct Loan-only Application Dates and Deadlines.
				  Applicants are strongly encouraged to submit the required items well in advance
				  of published deadlines. Other deadlines may be found in Chapters 12 and 13 or a
				  NOFA.
(1) Full Application Delivery Date. The
				  deadline by which the Application must be received by the Department. For
				  Direct Loan Applications, deadlines including the Application Acceptance Date
				  will be defined in the applicable NOFA and for Tax-Exempt Bond Developments,
				  such deadlines are more fully explained in §
											11.201 of this chapter (relating
				  to Procedural Requirements for Application Submission).
(2) Administrative Deficiency Response
				  Deadline. Such deadline shall be five business days after the date on the
				  deficiency notice, unless extended as provided for in §
											11.201(6) of this
				  chapter (relating to Deficiency Process).
(3) Third Party Report Delivery Date
				  (Environmental Site Assessment (ESA), Scope and Cost Review (SCR), Appraisal
				  (if applicable), Market Analysis and the Feasibility Report (if applicable)).
				  For Direct Loan Applications, the Third Party reports meeting the requirements
				  described in §
											11.205 of this title (relating to
				  Required Third Party Reports) must be submitted in order for the Application to
				  be considered complete, unless the Application is made in conjunction with an
				  Application for Housing Tax Credits or Tax-Exempt Bond, in which case the
				  Delivery Date for those programs will apply. For Tax-Exempt Bond Developments,
				  the Third Party Reports must be received by the Department pursuant to §
											11.201(2) of this
				  chapter.
(4) Resolutions Delivery
				  Date. Resolutions required for Tax-Exempt Bond Developments must be received by
				  the Department no later than 14 calendar days before the Board meeting or prior
				  to the issuance of the Determination Notice, as applicable. If the Direct Loan
				  Application is made in conjunction with an Application for Housing Tax Credits,
				  or Tax-Exempt Bond Developments, the Resolution Delivery Date for those
				  programs will apply to the Direct Loan Application.
(5) Challenges to Neighborhood Organization
				  Opposition Delivery Date. Challenges must be received by the Department no
				  later than 45 calendar days prior to the Board meeting at which consideration
				  of the award will occur.