Tex. Loc. Gov't Code § 373B.004 · Chapter 373B. COMMUNITY LAND TRUSTS
PURPOSES OF TRUST.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The purposes of a community land trust are to:
(1) provide affordable housing for low-income and moderate-income residents in the community;
(2) promote resident ownership of housing;
(3) keep housing affordable for future residents; and
(4) capture the value of public investment for long-term community benefit.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 383 (S.B. 402), Sec. 1, eff. January 1, 2012.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.373B.htm
- Text hash
- sha256 686a8cac64d7d5d1d168852d667642e87204f07a77d20c69c1c822a48ecabeea
- 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.