Tex. Gov't Code § 2306.6729 · Subchapter DD. LOW INCOME HOUSING TAX CREDIT PROGRAM
QUALIFIED NONPROFIT ORGANIZATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A qualified nonprofit organization may compete in any low income housing tax credit allocation pool, including:
(1) the nonprofit allocation pool;
(2) the rural projects/prison communities allocation pool; and
(3) the general projects allocation pool.
(b) A qualified nonprofit organization submitting an application under this subchapter must have a controlling interest in a project proposed to be financed with a low income housing tax credit from the nonprofit allocation pool.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1367, Sec. 1.30, eff. Sept. 1, 2001.
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 c4a0322732f08a433a1d9bdb94c6a73863bc8f6da3f71ddadb16cb74eae7c564
- 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.