Sec. 373A.205. QUALIFIED PARTICIPATING DEVELOPER. To qualify to participate in a homestead land bank program, a developer must:
(1) have developed three or more housing units within the 10-year period preceding the submission of a proposal to the land bank seeking to acquire real property from the land bank;
(2) have a development plan approved by the municipality for the land bank property; and
(3) meet any other requirements adopted by the municipality in the homestead land bank plan.
Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 373A - Homestead Preservation Districts and Reinvestment Zones
Subchapter E. Homestead Land Bank Program
Section 373A.202. Applicability
Section 373A.204. Homestead Land Bank Program
Section 373A.205. Qualified Participating Developer
Section 373A.206. Homestead Land Bank Plan
Section 373A.207. Public Hearing on Proposed Plan
Section 373A.208. Private Sale to Land Bank
Section 373A.209. Subsequent Resale by Land Bank
Section 373A.210. Restrictions on Occupancy and Use of Property
Section 373A.211. Right of First Refusal