Tex. Gov't Code § 2304.067 · Subchapter D. HOUSING REHABILITATION LOANS
LIMIT ON AMOUNT OF LOAN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The amount of a housing rehabilitation loan may not exceed:
(1) the amount determined by subtracting the amount of all other outstanding indebtedness secured by the property covered by the loan from the market value of the rehabilitated property as determined by the local government approving the loan; or
(2) the amount determined by adding the amount of the housing rehabilitation contract made and approved under Subchapter E for the property to the amount of the administrative charge imposed under Section 2304.068 in connection with the loan.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2304.htm
- Text hash
- sha256 5faeff2b98acc8a95691354a6ed73d1447d932729d98d41dbc1e6a87d46ae313
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.