Tex. Loc. Gov't Code § 373A.103 · Subchapter C. HOMESTEAD LAND TRUST
PURPOSE OF TRUST.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The purpose of a trust is to:
(1) control local land use and reduce absentee ownership;
(2) provide affordable housing for low-income and moderate-income residents in the community;
(3) promote resident ownership and control of housing;
(4) keep housing affordable for future residents; and
(5) capture the value of public investment for long-term community benefit.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.373A.htm
- Text hash
- sha256 eb1bb015abd1231d7338e7aa982f39797501250443fe2fdbcf0c72dfaed01716
- 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.