Tex. Gov't Code § 2306.148 · Subchapter G. HOUSING FINANCE DIVISION: GENERAL POWERS AND DUTIES OF BOARD
UNDERWRITING STANDARDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board shall have the specific duty and power to adopt underwriting standards for:
(1) loans made or financed by the housing finance division; and
(2) housing tax credits allocated by the department.
(b) Underwriting standards adopted under Subsection (a)(2) and used to determine the feasibility of a proposed development must be consistent with criteria established under Section 2306.185.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 643 (S.B. 1989), Sec. 1, eff. September 1, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm
- Text hash
- sha256 2fac8d18e12677caf62b531dbbe1167034085cf38ddb9734e5cdb41123b80b04
- 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
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