Sec. 2306.2561. AFFORDABLE HOUSING PRESERVATION PROGRAM: LOANS AND GRANTS. (a) The department, through the housing finance division, shall provide loans and grants to political subdivisions, housing finance corporations, public housing authorities, for-profit organizations, nonprofit organizations, and income-eligible individuals, families, and households for purposes of rehabilitating housing to preserve affordability of the housing.
(b) The department may use any available revenue, including legislative appropriations, to provide loans and grants under this section.
Added by Acts 2001, 77th Leg., ch. 1367, Sec. 3.03, eff. Sept. 1, 2001.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter K. Housing Programs
Section 2306.251. Property Ownership Program
Section 2306.252. Housing Resource Center
Section 2306.253. Homebuyer Education Program
Section 2306.255. Contract for Deed Conversion Program
Section 2306.256. Affordable Housing Preservation Program
Section 2306.2561. Affordable Housing Preservation Program: Loans and Grants
Section 2306.258. Transitional Housing Pilot Program
Section 2306.2585. Homeless Housing and Services Program
Section 2306.259. Affordable Housing Research and Information Program