Sec. 373B.002. CREATION OR DESIGNATION. The governing body of a municipality or county by ordinance or order may create or designate one or more community land trusts, including a housing finance corporation established under Chapter 394 or a land trust operated by a community housing development organization certified by the municipality or county, to operate in the municipality or county.
Added by Acts 2011, 82nd Leg., R.S., Ch. 383 (S.B. 402), Sec. 1, eff. January 1, 2012.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 373B - Community Land Trusts
Section 373B.002. Creation or Designation
Section 373B.003. Nature of Trust
Section 373B.004. Purposes of Trust
Section 373B.005. Ownership of Land and Housing Units
Section 373B.006. Qualifications of Purchasers or Lessees of Housing Units
Section 373B.007. Relation to Other Law
Section 373B.008. Applicability of Chapter to Trust Operated by Housing Finance Corporation