Sec. 2306.147. FEES AND PENALTIES. (a) The board shall have the specific duty and power to establish a schedule of fees and penalties relating to the operation of the housing finance division and authorized by this chapter, including application, processing, loan commitment, origination, servicing, and administrative fees.
(b) The department shall waive grant application fees for nonprofit organizations that offer expanded services such as child care, nutrition programs, job training assistance, health services, or human services.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 980, Sec. 25, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter G. Housing Finance Division: General Powers and Duties of Board
Section 2306.142. Authorization of Bonds
Section 2306.143. Alternative to Subprime Lender List
Section 2306.144. Fees for Services and Facilities; Payment of Department Obligations and Expenses
Section 2306.145. Loan Procedures
Section 2306.146. Interest Rates and Amortization Schedules
Section 2306.147. Fees and Penalties
Section 2306.148. Underwriting Standards
Section 2306.149. Approved Mortgage Lenders
Section 2306.150. Property Standards