The bill, H.B. No. 4045, amends Section 2306.6710(g) of the Government Code to clarify the process for allocating low-income housing tax credits. It specifies that if no written statement is received for an application or if the statement does not express support for or against the application, the Texas Department of Housing and Community Affairs shall use the maximum points available under a specific scoring category to enhance the points awarded under another category. The bill outlines how points should be allocated based on the nature of resolutions adopted by political subdivisions, assigning positive points for supportive resolutions, negative points for opposing ones, and zero points for neutral resolutions.
The changes introduced by this bill will only apply to applications for low-income housing tax credits submitted during the application cycle based on the 2026 qualified allocation plan or any subsequent plans. Applications submitted under earlier plans will continue to be governed by the existing law at the time the application cycle began. The bill is set to take effect on September 1, 2025.
Statutes affected: Introduced: Government Code 2306.6710 (Government Code 2306)