The bill amends Section 2306.67071 of the Government Code to establish additional requirements for applications for low-income housing tax credits specifically for developments financed through the private activity bond program. Key changes include the requirement for applicants to notify the state representative of the district containing the proposed development site, as well as the governing body of the municipality and the county commissioners court, depending on the location of the site. The previous heading of the section has been updated to reflect these changes, and the language regarding notice, hearing, and resolution by certain governing bodies has been deleted.
Additionally, the bill introduces a new provision that prohibits the approval of an application for housing tax credits if the state representative submits a letter opposing the development, regardless of whether the applicant has complied with other notice requirements. The department is also granted the authority to establish rules regarding the submission of resolutions or letters related to these applications. The changes will apply to applications submitted during the 2026 qualified allocation plan cycle or later, while applications submitted under earlier plans will continue to be governed by the previous law.
Statutes affected: Introduced: Government Code 2306.67071 (Government Code 2306)
House Committee Report: Government Code 2306.67071 (Government Code 2306)