Tex. Gov't Code § 2306.221 · Subchapter J. HOUSING FINANCE DIVISION: LOAN TERMS AND CONDITIONS
HOUSING DEVELOPMENT LOANS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
To finance the purchase, construction, remodeling, improvement, or rehabilitation of housing developments for residential housing designed and planned for individuals and families of low and very low income and families of moderate income, the department, on the terms and conditions stated in this chapter, may:
(1) make, commit to make, and participate in the making of mortgage loans, including federally insured loans to housing sponsors; and
(2) make temporary loans and advances in anticipation of permanent mortgage loans.
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.2306.htm
- Text hash
- sha256 a6745527dfa99fc8f5f6b3d794f9edd9c435ec117a8b4980336a65044ca2a3c8
- 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
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.