During a recent meeting of the Senate Committee on Local Government, discussions centered on Senate Bill 2608, which aims to enhance low-income housing options in Texas. The bill proposes to expand the eligibility criteria for low-income housing tax credits (LIHTCs) to include two federal housing programs currently operated by Texas Public Housing Authorities (PHAs). This change is significant as it seeks to address the needs of aging properties that serve very low-income families.
The proposed legislation broadens the definition of "at risk" housing to encompass Section 8 new construction and Section 8 substantial rehabilitation projects. These programs have not seen new construction since 1983, resulting in many properties becoming outdated and in need of renovation. By allowing these properties to qualify for LIHTCs, the bill could unlock critical resources for public housing authorities to modernize and maintain these essential housing units.
Shelley Rivas, general counsel for the El Paso Housing Opportunity Management Enterprise, voiced strong support for the bill during public testimony. She highlighted that four properties in El Paso alone could benefit from this expansion, which would provide housing for approximately 400 elderly residents. Rivas emphasized that the bill aligns with the original intent of the at-risk designation, ensuring that these aging properties remain viable and sustainable for the community.
The committee's discussions reflect a growing recognition of the importance of maintaining affordable housing options for low-income families in Texas. As the state continues to grapple with housing challenges, the potential passage of Senate Bill 2608 could play a crucial role in revitalizing older housing stock and supporting vulnerable populations.
Looking ahead, the committee will continue to evaluate the bill and its implications for communities across Texas, with the hope of advancing solutions that address the pressing need for affordable housing.