Sec. 2304.008. ALLOCATION OF AVAILABLE LOAN FUNDS. If the amount of housing rehabilitation loans anticipated to be made in a fiscal year exceeds the estimated available funds for that year, the department shall allocate the estimated available funds for that year among the local governments that have filed housing rehabilitation area plans with the department. In allocating the available funds, the department shall take into account the probable amount of housing rehabilitation loans to be made by each local government.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2304 - Housing Rehabilitation
Subchapter A. General Provisions
Section 2304.004. General Powers of Department
Section 2304.005. Authority of Department to Adopt Minimum Housing Code Standards
Section 2304.006. Limitation on Construction of Housing or Acquisition of Property by Department
Section 2304.007. Prohibition on Borrowing, Incurring Obligations, or Pledging Credit
Section 2304.008. Allocation of Available Loan Funds
Section 2304.009. Relationship of Department and Local Governments
Section 2304.010. Designation of Local Agency by Local Government
Section 2304.011. Education Program Conducted by Local Government