Sec. 2306.6728. DEPARTMENT POLICY AND PROCEDURES REGARDING RECIPIENTS OF CERTAIN FEDERAL HOUSING ASSISTANCE. (a) The department by rule shall adopt a policy regarding the admittance to low income housing tax credit properties of income-eligible individuals and families receiving assistance under Section 8, United States Housing Act of 1937 (42 U.S.C. Section 1437f).
(b) The policy must provide a reasonable minimum income standard that is not otherwise prohibited by this chapter and that is to be used by owners of low income housing tax credit properties and must place reasonable limits on the use of any other factors that impede the admittance of individuals and families described by Subsection (a) to those properties, including credit histories, security deposits, and employment histories.
(c) The department by rule shall establish procedures to monitor low income housing tax credit properties that refuse to admit individuals and families described by Subsection (a). The department by rule shall establish enforcement mechanisms with respect to those properties, including a range of sanctions to be imposed against the owners of those properties.
Added by Acts 2001, 77th Leg., ch. 1367, Sec. 1.30, 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 DD. Low Income Housing Tax Credit Program
Section 2306.6702. Definitions
Section 2306.67021. Applicability of Subchapter
Section 2306.67022. Qualified Allocation Plan; Manual
Section 2306.6703. Ineligibility for Consideration
Section 2306.6704. Preapplication Process
Section 2306.67041. On-Line Application System
Section 2306.6705. General Application Requirements
Section 2306.67055. Market Analysis
Section 2306.6706. Additional Application Requirement: Nonprofit Set-Aside Allocation
Section 2306.6707. Additional Application Requirement: Disclosure of Interested Persons
Section 2306.6708. Application Changes or Supplements
Section 2306.6709. Application Log
Section 2306.6710. Evaluation and Underwriting of Applications
Section 2306.6711. Allocation of Housing Tax Credits
Section 2306.6712. Amendment of Application Subsequent to Allocation by Board
Section 2306.6713. Housing Tax Credit and Ownership Transfers
Section 2306.6714. At-Risk Development Set-Aside
Section 2306.6717. Public Information and Hearings
Section 2306.67171. Electronic Mail Notification Service
Section 2306.6718. Elected Officials
Section 2306.6719. Monitoring of Compliance
Section 2306.6720. Enforceability of Applicant Representations
Section 2306.6722. Development Accessibility
Section 2306.6723. Coordination With Rural Development Agency
Section 2306.6724. Deadlines for Allocation of Low Income Housing Tax Credits
Section 2306.6725. Scoring of Applications
Section 2306.6726. Sale of Certain Low Income Housing Tax Credit Developments
Section 2306.6727. Department Purchase of Low Income Housing Tax Credit Property
Section 2306.6729. Qualified Nonprofit Organization
Section 2306.6731. Allocation Decision; Reevaluation
Section 2306.6733. Representation by Former Board Member or Other Person
Section 2306.6734. Minority-Owned Businesses
Section 2306.6735. Required Lease Agreement Provisions
Section 2306.6737. Assistance From American Recovery and Reinvestment Act of 2009
Section 2306.6738. Prohibited Practices
Section 2306.6739. Housing Tax Credits Financed Using Federal Emergency Funds