Sec. 379C.004. URBAN LAND BANK DEMONSTRATION PROGRAM. (a) The governing body of a municipality may adopt an urban land bank demonstration program in which the officer charged with selling real property ordered sold pursuant to foreclosure of a tax lien may sell certain eligible real property by private sale for affordable housing development or other purposes as provided by this chapter.
(b) The governing body of a municipality that adopts an urban land bank demonstration program shall establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property under this chapter.
Added by Acts 2003, 78th Leg., ch. 299, Sec. 1, eff. Sept. 1, 2003.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 721 (H.B. 1289), Sec. 1, eff. June 17, 2015.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 379C - Urban Land Bank Demonstration Program
Section 379C.002. Applicability
Section 379C.004. Urban Land Bank Demonstration Program
Section 379C.005. Qualified Participating Developer
Section 379C.006. Urban Land Bank Demonstration Plan
Section 379C.007. Public Hearing on Proposed Plan
Section 379C.008. Private Sale to Land Bank
Section 379C.009. Subsequent Resale by Land Bank
Section 379C.010. Restrictions on Occupancy and Use of Property
Section 379C.0105. Lot Exchange Permitted
Section 379C.0107. Replatting by Qualified Participating Developer
Section 379C.011. Right of First Refusal to Qualified Organizations
Section 379C.012. Open Records and Meetings
Section 379C.013. Records; Audit; Report
Section 379C.014. Additional Authorized Use of Land Bank Property