Tex. Gov't Code § 2306.851 · Subchapter II. MULTIFAMILY HOUSING DEVELOPMENTS: PRESERVATION OF AFFORDABILITY
APPLICATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This subchapter applies only to a property owner of a multifamily housing development that is insured or assisted under a program under Section 8, United States Housing Act of 1937 (42 U.S.C. Section 1437f), or that is:
(1) insured or assisted under a program under:
(A) Section 221(d)(3), National Housing Act (12 U.S.C. Section 1715l);
(B) Section 236, National Housing Act (12 U.S.C. Section 1715z-1); or
(C) Section 514, 515, or 516, Housing Act of 1949 (42 U.S.C. Section 1484, 1485, or 1486); and
(2) financed by a mortgage that is eligible for prepayment at the option of the property owner.
(b) This subchapter does not apply to the disposal of property because of:
(1) a governmental taking by eminent domain or negotiated purchase;
(2) a foreclosure action;
(3) a transfer by gift, devise, or operation of law; or
(4) a sale to a person who would be entitled to an interest in the property if the property owner died intestate.
(c) This subchapter does not apply to property included in a restructuring program with a participating administrative entity designated by the United States Department of Housing and Urban Development.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1367, Sec. 3.07, 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 d00deb184feed5d8ec9875c96f25217ae717e8b4d520df3d5e5af9010dbeeacc
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Gov't Code § 2306.851. Each shows the citation as that text prints it.
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.