The fACTs newsletter is for TSAHC's local partners in the Affordable Communities of Texas (ACT) program. The quarterly newsletter provides information to help make your programs as successful as possible.
TSAHC Introduces An Easier Way to Search Affordable Communities of Texas Properties
We've updated the ACT web page and are now listing completed for-sale homes, properties where we're looking for local partner support, and unused vacant land that has been cleared and ready for public sale.
Listings can be sorted by property type (land or home) and by county. We encourage you to take a look at the new web page to search for partnership opportunities with TSAHC. You can also link the page to your own organization's web page to help market completed for-sale homes.
HUD Proposes New Floodplain Requirements
HUD is proposing new floodplain requirements for all HUD-supported properties. This includes all Texas NSP land banking home sites, homes seeking HUD assistance and homes with Federal Housing Administration (FHA) mortgage insurance.
Under the proposed rule, HUD would require higher vertical elevation standards for these properties. "Non-critical" properties would have to be elevated two feet above the site's base flood plain elevation. "Critical" properties (such as hospitals, nursing homes, and police/fire facilities) would have to be elevated three feet above the base flood elevation or the 500-year floodplain, whichever is greater.
We are actively seeking a local partner to build out or purchase three single family lots in Wichita Falls. We encourage you to consider these properties, and share the information with others who may be interested.
