AUDIT. 4, eff. (a) The department's bonds may be issued: (3) as coupon bonds payable to bearer but registrable as to principal alone or as to both principal and interest; or. (E) provide integrated, affordable housing for individuals and families with different levels of income. 2306.049. 2019/2020. (c) The corporation shall periodically notify the complaint parties of the status of the complaint until final disposition. (c) All materials provided to the corporation's board that are relevant to a matter proposed for discussion at a meeting of that board must be posted on the corporation's Internet website not later than the third day before the date of the meeting. (e) Solely for purposes of determining eligibility to apply for and receive financial assistance from the department, a development may not be considered to be in noncompliance with an applicable condition or law if the owner of the development takes appropriate corrective action during the period provided under Subsection (c). Sept. 1, 2001. 2306.034. Sept. 1, 1993. (C) if the redemption of the applicable private activity bonds will occur in the first five years of the operation of the development and complies with Section 42(h)(4), Internal Revenue Code of 1986: (i) on the date the certificate of reservation is issued, the Bond Review Board determines that there is not a waiting list for private activity bonds in the same priority level established under Section 1372.0321 or, if applicable, in the same uniform state service region, as referenced in Section 1372.0231, that is served by the proposed development; and. Sec. Sec. (2) reconversion of a bond to another form. Amazon has encountered an error. (2) to a proposed project for the general population a number of points for a scoring criterion that is different than the number of points awarded for that criterion to a proposed project reserved for elderly persons if the proposed projects comply with the criterion to the same degree. 8.01, eff. Section 5301 et seq. APPLICATION OF PROVISIONS RELATING TO LOAN TERMS AND CONDITIONS. (4) resale and disposition of real property, or an interest in the property, that is financed by the department. (a) In this section, "Internet" means the largest, nonproprietary, nonprofit, cooperative, public computer network, popularly known as the Internet. Sec. 432, Sec. Acts 2007, 80th Leg., R.S., Ch. (4) is legally responsible for caring for an individual described by Subdivision (1), (2), or (3) and meets the income guidelines established by the board. 2306.1093. Sec. (5) amounts received by the corporation in repayment of loans made under this section. Acts 2007, 80th Leg., R.S., Ch. (e) The department shall include in its annual low income housing plan under Section 2306.0721: (1) the formula developed by the department under Section 2306.1115; and. 2306.786 by Acts 2003, 78th Leg., ch. (1) a complete operating and financial statement of the department; (2) a comprehensive statement of the activities of the department during the preceding year to address the needs identified in the state low income housing plan prepared as required by Section 2306.0721, including: (A) a statistical and narrative analysis of the department's performance in addressing the housing needs of individuals and families of low and very low income; (B) the ethnic and racial composition of individuals and families applying for and receiving assistance from each housing-related program operated by the department; (C) the department's progress in meeting the goals established in the previous housing plan, including goals established with respect to the populations described by Section 2306.0721(c)(1); and. 2306.6713. 979, Sec. 2, eff. Sept. 1, 1997. Course Modules. Writing assignment: Read Chapter 2 in the textbook, including “You Decide: Voice of Texas: Proposition 2 and Same-Sex Marriage,” and write an essay that addresses the following questions: As compared to the US Constitution, why is the Texas Constitution so frequently amended? Governing Texas (4th Edition). Sept. 1, 1995; Acts 2001, 77th Leg., ch. Sept. 1, 2001; Acts 2001, 77th Leg., ch. 3.01(2), eff. Acts 2011, 82nd Leg., 1st C.S., Ch. Sec. (d) All of the mortgage banking operations shall be dedicated to the furtherance of facilitating affordable housing finance primarily for the benefit of individuals and families of low, very low, and extremely low income who, generally, are not afforded housing finance options through conventional lending channels. 2306.352. (1) the location and ownership of the migrant labor housing facility; (2) the approximate number of persons to be accommodated; (3) the probable periods of use of the facility; and. Sec. 455 (H.B. (c) Notice published under this section must state the: (2) last day on which bids will be received; and, (1) identified on the envelope as bids; and. 330, Sec. In this subchapter, "federally subsidized" means receiving financial assistance through a federal program administered by the Secretary of Housing and Urban Development or the Secretary of Agriculture under which housing assistance is provided on the basis of income, including a program under: (1) Section 221(d), National Housing Act (12 U.S.C. 2306.172. (b) The training program must provide the person with information regarding: (1) the legislation that created the department and the board; (2) the programs operated by the department; (3) the role and functions of the department; (4) the rules of the department, with an emphasis on the rules that relate to disciplinary and investigatory authority; (5) the current budget for the department; (6) the results of the most recent formal audit of the department; (B) the public information law, Chapter 552; (C) the administrative procedure law, Chapter 2001; and. (c) Beginning on the 181st day after the date the department posts notice under Subsection (a-1), an owner of a development subject to a right of first refusal under Section 2306.6725 may sell to any purchaser a development to which the right of first refusal applies if a qualified entity does not offer to purchase the development for a price that the department determines to be reasonable. EQUAL EMPLOYMENT OPPORTUNITY POLICY. 1, eff. Added by Acts 2007, 80th Leg., R.S., Ch. 2306.933. 5.76(a), eff. 980, Sec. Sec. (a) To the extent possible, the department shall use available resources for the preservation and rehabilitation of the multifamily housing developments identified and listed under Section 2306.803. (3) one representative from the Department of Agriculture who is: (A) knowledgeable about the Texans Feeding Texans and Retire in Texas programs or similar programs; and. 1.23, eff. Sept. 1, 1997. 2, eff. (b) The program must address the needs of the homeless for: (2) physical and mental health services; (8) other services that will prevent homelessness. (b) In accordance with Subchapter B, Chapter 20, Title 34, Texas Administrative Code, a good faith effort under Subsection (a) must include awarding historically underutilized businesses at least a portion of the total contract value of all contracts the corporation expects to award in a state fiscal year. Acts 2011, 82nd Leg., 1st C.S., Ch. AmazonUIPageJS : P).load.js('https://images-na.ssl-images-amazon.com/images/I/31Q4RNPCjTL.js?AUIClients/MonthlyPaymentsDetailPageAssets&X6KuZNYM#mobile.us.209620-T1'); 1367, Sec. Section 42(h)(5)), must contain the following written, detailed information with respect to each development owner and each general partner of a development owner: (1) Internal Revenue Service documentation of designation as a Section 501(c)(3) or 501(c)(4) organization; (2) evidence that one of the exempt purposes of the nonprofit organization is to provide low income housing; (3) a description of the nonprofit organization's participation in the construction or rehabilitation of the development and in the ongoing operations of the development; (4) evidence that the nonprofit organization prohibits a member of its board of directors, other than a chief staff member serving concurrently as a member of the board, from receiving material compensation for service on the board; (5) a third-party legal opinion stating that the nonprofit organization is not affiliated with or controlled by a for-profit organization and the basis for that opinion; (6) a copy of the nonprofit organization's most recent audited financial statement; (7) a list of the names and home addresses of members of the board of directors of the nonprofit organization; (8) a third-party legal opinion stating that the nonprofit organization is eligible under Subsection (b) for a housing tax credit allocation from the nonprofit set-aside and the basis for that opinion; and. 3576), Sec. E-mail: mgritter@angelo.edu. Comments. (12) "Graduate allied health program" means a postbaccalaureate certificate or master's or doctoral degree program in an allied health profession that is accredited by an accrediting entity recognized by the United States Department of Education. September 1, 2007. September 1, 2019. (28-a) "Rural area" means an area that is located: (A) outside the boundaries of a primary metropolitan statistical area or a metropolitan statistical area; or. (b) Members of the council who are appointed by the governor serve staggered six-year terms, with the terms of two or three members expiring on September 1 of each odd-numbered year. Added by Acts 2001, 77th Leg., ch. 1341 (S.B. 1, eff. 1079 (H.B. 817 (H.B. 1234, Sec. Added by Acts 2001, 77th Leg., ch. (11) "Allied health program faculty member" means a full-time member of the faculty of an undergraduate or graduate allied health program of a public or private institution of higher education in this state. (b) The Manufactured Housing Board may accept gifts and grants of money or property under this subchapter and shall spend the money and use the property for the purpose for which the donation was made, except that the expenditure of money or use of property must promote the acceptance of HUD-Code manufactured homes as a viable source of housing for very low, low, and moderate income families. Sec. (i) The first lien lender shall maintain the reserve account. (b) The department shall make a reasonable effort to secure an adequate level of funding to provide the self-help centers with funds for low-interest mortgage financing, grants for self-help programs, a revolving loan fund for septic tanks, a tool-lending program, and other activities the department determines are necessary. 2306.221. (g) The corporation shall ensure that a loan under this section is structured in a way that complies with any requirements associated with the source of the funds used for the loan. (6) submit for review by the Bond Review Board the market study results and, if approved and certified by the board, the proposed bond program. 1908), Sec. Added by Acts 2015, 84th Leg., R.S., Ch. INELIGIBILITY FOR CONSIDERATION. September 1, 2015. 2306.028. PURPOSES. Sept. 1, 1997. 13, eff. Amended by Acts 1995, 74th Leg., ch. Sec. 2306.115. (typeof uet === 'function') && uet("x3") 3, eff. 6, eff. } (a) Within the 30-day period prescribed by Section 2306.047, a person who files a petition for judicial review may: (A) paying the penalty to the court for placement in an escrow account; or. September 1, 2011. 76, Sec. (a) A person who is appointed to and qualifies for office as a member of the board may not vote, deliberate, or be counted as a member in attendance at a meeting of the board until the person completes a training program that complies with this section. 980, Sec. Sept. 1, 1993. APPLICABILITY OF SUBCHAPTER. APPROVAL OF BONDS. © 1996-2020, Amazon.com, Inc. or its affiliates, Select a location to see product availability. 1989), Sec. (c) To ensure that the rural area set-aside receives a sufficient volume of eligible applications, the department shall fund and, with the rural development agency, shall jointly implement outreach, training, and rural area capacity building efforts as directed by the rural development agency. (c) On dissolution, the title to funds and properties previously owned by the corporation shall be transferred to the department. 1. 9, eff. (13) "Graduate professional nursing program" and "undergraduate professional nursing program" have the meanings assigned by Section 54.355, Education Code. PURPOSE. 2306.492. POWERS. 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Sec. 2307.003 by Acts 2001, 77th Leg., ch. Sec. #prodDetails .prodDetTable{table-layout:fixed;border-spacing:0;padding:0}#prodDetails .prodDetLabel{background-color:#F5F5F5;width:35%;color:#666;vertical-align:top}#prodDetails .prodDetSectionEntry{width:50%!important;white-space:normal;word-wrap:break-word}#prodDetails .prodDet-expander-header{float:right}#prodDetails .prodDet-summaryText-visible{display:none}#prodDetails .prodDet-heading-alignment{float:left}.uilm-section img{display:block;margin:0 auto;min-width:650px}#medslogo_header_web{padding-bottom:0;color:#C60;font-size:medium;font-family:verdana,arial,helvetica,sans-serif}.burj-body #medslogo_header_web{color:#333;font-weight:400;padding-bottom:0;font-size:21px;font-family:arial,verdana,helvetica,sans-serif}#mllStaticLearnMore{padding-left:14px}#mll-tab-divider{padding-top:30px}#medsLegalLogo_feature_div{margin-bottom:14px!important}#energyEfficiencyLabel{display:inline-block;width:50px;height:23px}.energyEfficiencyArrow{position:relative;width:36px;height:22px;margin-right:22px;color:#FFF;text-align:center;line-height:22px;font-size:15px}.energyEfficiencyArrow:after{content:"";position:absolute;left:100%;top:0;width:0;height:0;border-top:11px solid transparent;border-left-width:10px;border-left-style:solid;border-bottom:11px solid transparent}.energyEfficiencySymbol{position:relative;top:-2px}.energyEfficiencyTextPlacement{position:relative;left:2px}.technicalData .h3color,.technicalData font,.technicalData ul{color:#333!important}.technicalData b,.technicalData strong{font-weight:400!important}#dealprice_shippingmessage i.a-icon.a-icon-popover,#ourprice_shippingmessage i.a-icon.a-icon-popover,#saleprice_shippingmessage i.a-icon.a-icon-popover,.buyboxShippingLabel i.a-icon.a-icon-popover{display:none!important} 1, eff. (B) nonprofit housing organizations and other housing organizations to serve the needs of individuals and families of low and very low income and families of moderate income; (2) for a period of time not to exceed 10 years for the purposes of: (A) preserving publicly financed or subsidized housing; or. CONTRACT FOR DEED CONVERSION PROGRAM. (f) For each item on the board's agenda at the meeting, the board shall provide for public comment after the presentation made by department staff and the motions made by the board on that topic. (d) The department shall contact owners of developments assigned a Class A priority under this section and shall attempt to negotiate with those owners to ensure continued affordability for individuals and families of low income under the federal housing assistance program for those developments. 62.10, eff. 2, eff. Sec. 48, eff. OPEN MEETINGS AND OPEN RECORDS. MEMBERS' COMPENSATION. (3) collect data concerning the effectiveness of those procedures. 2306.590. 76, Sec. (2) amending an application after allocation of housing tax credits in the manner provided by Section 2306.6712. (b) The rules must specify the requirements for appealing a board or department decision, including: (3) the process for filing an appeal, including the information that must be submitted with an appeal; (4) a reasonable period in which an appeal must be filed, heard, and decided; (5) the process by which an appeal is heard and a decision is made; (6) the possible outcomes of an appeal; and. INTEREST RATES. Additional readings may be supplied on the web or in class. 76, Sec. 1908), Sec. 268, Sec. (e) In evaluating the amendment under this subsection, the department staff shall consider whether the need for the modification proposed in the amendment was: (1) reasonably foreseeable by the applicant at the time the application was submitted; or. NATURAL DISASTER HOUSING RECONSTRUCTION ADVISORY COMMITTEE. 47, eff. Sept. 1, 2001. (a) The department's bonds may be payable at a place inside or outside the United States. 6.01, eff. 1275, Sec. 2306.675 and amended by Acts 2001, 77th Leg., ch. CONSTRUCTION REQUIREMENTS FOR SINGLE FAMILY AFFORDABLE HOUSING. (c) The department shall provide for public input before adopting rules for programs with requests for proposals and notices of funding availability. Sec. 1, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. #product-image-gallery .image-gallery-tint{position:absolute;top:0;bottom:0;left:0;right:0;background-color:rgba(0,0,0,.02)}#product-image-gallery{margin-right:-1.4rem;margin-left:-1.4rem}#product-image-gallery .image-gallery-common-desktop-slot,#product-image-gallery .image-gallery-slot{position:relative;text-align:center}#product-image-gallery .product-image{max-height:400px}#product-image-gallery .image-gallery-common-desktop-slot{float:left;margin-left:14px;overflow:hidden;display:inline-block}#product-image-gallery .image-gallery-slot-row-of-two{width:48%}#product-image-gallery .image-gallery-slot-row-of-three{width:30.33333%}#product-image-gallery .product-image-row-of-two{height:400px;object-fit:contain}#product-image-gallery .product-image-row-of-three{height:330px;object-fit:contain} Amended by Acts 2003, 78th Leg., ch. .background_color_0{background-color:#4096EE}.background_color_1{background-color:orange}.background_color_2{background-color:green}.background_color_3{background-color:purple}#boost_feature_rank .image_background img{position:absolute;top:30%;left:30%;height:40%;width:40%}#boost_feature_rank .bfr_radioButtonDiv{height:96px}#boost_feature_rank .bfr_radio_button{top:50%;padding:0}#boost_feature_rank .bfr_subtitle,#boost_feature_rank .feature_content_vertical_align,#boost_feature_rank .image_background{display:inline-block;vertical-align:middle;line-height:normal}#boost_feature_rank .image_background{position:relative;border-radius:50%}@media screen and (min-width:320px){#boost_feature_rank .image_background{width:65px;height:65px}}@media screen and (min-width:400px){#boost_feature_rank .image_background{width:72px;height:72px}}#boost_feature_rank .bfr_subtitle,#boost_feature_rank .feature_text{font-family:Arial,sans-serif;margin-top:0}@media screen and (min-width:320px){#boost_feature_rank .bfr_subtitle,#boost_feature_rank .feature_text{font-size:15px}}@media screen and (min-width:400px){#boost_feature_rank .bfr_subtitle,#boost_feature_rank .feature_text{font-size:18px}}@media screen and (min-width:550px){#boost_feature_rank .bfr_subtitle,#boost_feature_rank .feature_text{font-size:20px}}#boost_feature_rank .bfr_subtitle{font-weight:700}#boost_feature_rank .bfr_title{font-family:Arial,sans-serif;margin-top:0!important}@media screen and (min-width:320px){#boost_feature_rank .bfr_title{font-size:17px}}@media screen and (min-width:400px){#boost_feature_rank .bfr_title{font-size:21px}}@media screen and (min-width:550px){#boost_feature_rank .bfr_title{font-size:24px}}#boost_feature_rank .bfr_titleRow{padding-bottom:17px}#boost_feature_rank .featureCard{padding-left:4%;line-height:96px;margin-top:0!important}#boost_feature_rank .bfr_featureRow,#boost_feature_rank .bfr_subTitleRow{height:96px}#boost_feature_rank .bfr_subTitleRow{padding-left:9px;padding-right:9px;line-height:96px}#boost_feature_rank .vote_count{color:#fff;margin-bottom:0;margin-top:0!important}#boost_feature_rank .bfr_paddingTop{padding-top:18%}#boost_feature_rank .vote_button_column{float:none;margin:0 auto}#boost_feature_rank .bfr_background{background:#e0e0e0}#boost_feature_rank .hidden{display:none}#boost_feature_rank .feature-description-word-break-mobile{word-break:break-word} (c) The property owner shall provide the notice required by Subsection (a) before the 90th day preceding the date of mortgage prepayment or contract expiration, as applicable, and as otherwise required by federal law. Acts 2013, 83rd Leg., R.S., Ch. 268, Sec. (a) A person who is appointed to and qualifies for office as a member of the corporation's board of directors may not vote, deliberate, or be counted as a member in attendance at a meeting of the board until the person completes a training program that complies with this section. 1, eff. 2306.674 by Acts 2001, 77th Leg., ch. September 1, 2015. June 18, 1999. 1367, Sec. Sept. 1, 2003; Acts 2003, 78th Leg., ch. (b) Regardless of project stage, the board must reevaluate a project that undergoes a substantial change between the time of initial board approval of the project and the time of issuance of a tax credit commitment for the project. Sept. 1, 1993. (a) An owner of a development subject to a right of first refusal under Section 2306.6725 who intends to sell the development at any time after the expiration of the compliance period shall notify the department and the tenants of the development of the owner's intent to sell and, if applicable, shall specifically identify to the department any qualified entity that is the owner's intended recipient of the right of first refusal in the land use restriction agreement. Sec. You may not use the same information. Acts 2007, 80th Leg., R.S., Ch. (a) The Manufactured Housing Board shall have regular meetings as the majority of the members may specify and special meetings at the request of the presiding officer, any two members, or the division director. 1), Sec. 573 (S.B. (c-2) The department shall adopt rules and procedures to give effect to the right of first refusal granted by any land use restriction agreement. September 1, 2007. (6) perform other functions that may be assigned by the board or the governor. 963 (H.B. 1908), Sec. Please sign in or register to post comments. 980, Sec. 1, eff. (d) Repealed by Acts 2013, 83rd Leg., R.S., Ch. (c) In addition to the requirements of Section 145 of the Internal Revenue Code of 1986 (26 U.S.C. 2306.6001. All books are in clear copy here, and all files are secure so don't worry about it. 4, eff. (i) The department may adopt rules necessary to accomplish the purposes of this section. 7, eff. (d-1) The corporation may contract with the Texas Veterans Commission to provide other housing assistance to veterans receiving loans under this section. The governor may transfer to any division personnel, equipment, records, obligations, appropriations, functions, and duties of appropriate divisions of the governor's office. Food for Thought “I wasn’t born in Texas, but I got there as fast as I could.” Bumper sticker seen in Texas Chapter Overview . Sept. 1, 1999. 2306.397. LOW INCOME HOUSING TAX CREDIT PROGRAM. TITLE 10. (d) The corporation shall employ, for compensation to be determined by the corporation's board of directors, a qualified individual to serve as president of the corporation. 1367, Sec. (b) In connection with or incidental to issuing and selling its bonds, the department may enter into contracts that the board considers necessary or appropriate for the department's obligation, as represented by the bonds and incidental contracts, to be placed, in whole or in part, on the basis desired by the board, including interest rate, currency, or cash flow. September 1, 2013. 674 (S.B. Sec. (4) any other information required by the board. (7) the installation of the air ducting system inside the conditioned space. TARGET STRATEGY FOR BOND PROCEEDS. In this subchapter: (1) "Colonia" means a geographic area that is located in a county some part of which is within 150 miles of the international border of this state, that consists of 11 or more dwellings that are located in close proximity to each other in an area that may be described as a community or neighborhood, and that: (A) has a majority population composed of individuals and families of low income and very low income, based on the federal Office of Management and Budget poverty index, and meets the qualifications of an economically distressed area under Section 17.921, Water Code; or. DISTRIBUTION OF EARNINGS. (21) "Mortgage lender" means a bank, trust company, savings bank, mortgage company, mortgage banker, credit union, national banking association, savings and loan association, life insurance company, or other financial institution authorized to transact business in this state and approved as a mortgage lender by the department. 1341 (S.B. 2306.903. (b) Underwriting standards adopted under Subsection (a)(2) and used to determine the feasibility of a proposed development must be consistent with criteria established under Section 2306.185. ANNUAL LOW INCOME HOUSING REPORT. Acts 2013, 83rd Leg., R.S., Ch. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 1, eff. 2306.491. MANNER, PRICE, AND TERMS. Sept. 1, 2003. The department shall implement the program through self-help centers when feasible. (b) Not later than the deadline specified in the qualified allocation plan, the board shall issue commitments for available housing tax credits based on the application evaluation process provided by Section 2306.6710. TEXAS GOVERNMENT . 2(88), eff. (b) A person may not be a member of the Manufactured Housing Board and may not be a division employee employed in a "bona fide executive, administrative, or professional capacity," as that phrase is used for purposes of establishing an exemption to the overtime provisions of the federal Fair Labor Standards Act of 1938 (29 U.S.C. 1079 (H.B. DISCLOSURE OF FEES. Sept. 1, 1993. 109), Sec. 1908), Sec. Section 3601 et seq. 1, eff. 2, eff. Sept. 1, 1995. (a-1) As soon as practicable after receiving notice under Subsection (a), the department shall: (1) provide to any qualified entity specifically identified under Subsection (a) notice regarding the owner's intent to sell the development; and. 1079 (H.B. 2306.1096. 1169, Sec. Sept. 1, 1995. Added by Acts 1993, 73rd Leg., ch. 43.03, eff. 20, eff. 1284 (H.B. Acts 2013, 83rd Leg., R.S., Ch. 268, Sec. 3167), Sec. Sept. 1, 1997; Acts 1999, 76th Leg., ch. Sept. 1, 1993. Added by Acts 2003, 78th Leg., ch. (a) The department may create a reserve fund with the comptroller out of: (1) proceeds from the sale of the department's bonds; or. 1, eff. Sec. June 20, 2003. (f) This section shall be administered in a manner that is consistent with Section 42, Internal Revenue Code of 1986 (26 U.S.C. 1. 8, eff. AFFORDABLE HOUSING PRESERVATION PROGRAM: LOANS AND GRANTS. 2306.6727. (a) The department shall designate appropriate staff in the department to act as liaison to the self-help centers to assist the centers in obtaining funding to enable the centers to carry out the centers' programs. 963 (H.B. (14) provide the needs assessment information compiled for the report and plan to the Texas State Affordable Housing Corporation. (4) after due consideration of the information provided by the applicant and public comment, the governing body does not object to the proposed application. 5.62(c), eff. 2306.6004. 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Hearings on homelessness issues 1965 ( 12 U.S.C payments of a bond to another form including...

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