Texas Government Code 2306.6727 – Department Purchase of Low Income Housing Tax Credit Property
Current as of: 2024 | Check for updates
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Terms Used In Texas Government Code 2306.6727
- Property: means real and personal property. See Texas Government Code 311.005
- Rule: includes regulation. See Texas Government Code 311.005
The board by rule may develop and implement a program to purchase low income housing tax credit property that is not purchased by a qualified nonprofit organization or tenant organization. The department may not purchase low income housing tax credit property if the board finds that the purchase is not in the best interest of the state.