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Major Reforms to Chapter 394: HB 21 Brings Sweeping Changes to Housing Finance Corporations in Texas

During the 89th Texas Legislative Session, Representative Gary Gates authored and passed House Bill 21, a comprehensive reform of Chapter 394 of the Texas Local Government Code. This legislation, which became effective on May...more

Texas Senate Releases Interim Charges Impacting Affordable Housing

On April 11, 2024, Lt. Governor Patrick issued interim charges for Senate committees to study in preparation for the 89th Legislative Session. Interim charges are directives to committees to study specific policy issues and...more

2023 Texas Legislative Updates to Low Income Housing Tax Credit Developments

During the 88th Regular Session, the Texas Legislature passed H.B. 1058 creating a state low-income housing tax credit program. The program will be administered by the Texas Department of Housing & Community Affairs (TDHCA)...more

2023 Texas Legislative Updates to Public Facility Corporations Owning Multifamily Developments

During the 88th Regular Session, the Texas Legislature passed HB 2071 to address the perceived misuse of property tax incentives used by Public Facility Corporations (PFCs). The legislation significantly updated Texas Local...more

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