Sec. 2306.151. TARGET STRATEGY FOR BOND PROCEEDS. The board shall have the specific duty and power to adopt a target strategy for the percentage of mortgage revenue bond proceeds to be made available to individuals and families of low and very low income.
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 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
Section 2306.151. Target Strategy for Bond Proceeds