October 5 - 18, 2019 - Completed applications due to the Texas Bond Review
Board for inclusion in the 2020 Lottery. Sec. 1372.028(b)
On and after October
applications for 2020 are accepted in the
order in which they are received.
October 31, 2019 (10:00 AM) -
If needed, PAB Lottery for 2020 Private Activity
Bond allocations. Will take place at Capital Extension Room E.2026.
January 2, 2020 - First day of the 2020 program year
The earlier of close on 2019 carryforward or February 15, 2020 -
deadline to file form 8328 with the IRS if in receipt of carryforward.
March 1, 2020 - Multi-family local regions collapse to one
local HFC "pot." Priority boost is given to priority two and
three projects located in areas of the state where the median
family income is below that of the state's average.
July 15, 2020 - Housing Finance Corporations are no longer penalized as a reults
of the corporation's utilization percentatge. Sec. 1372.061 (d)
August 7, 2020 - Single Family set-asides collapse. Sec.
1372.023(a), Sec. 1372.0222, Sec. 1372.0223
August 15, 2020 - All sub-ceilings collapse. Volume cap is reserved
based upon lottery number. Priority remains a factor for
residential rental projects lottery applications.
November 15, 2020 - Last day to issue a reservation for 2020.
November 16 - December 31, 2020 - Any recycled volume cap will be designated
for Traditional Carryforward.
December 23, 2020 - Last day to submit closing documents to the Bond Review
Board for 2020 Program Year.