Bill > HB293

This bill modifies the requirements for low income housing tax credit applications for developments financed through private activity bonds in Texas. The bill requires applicants to provide notice of their intent to file an application not only to local governing bodies (such as municipal governments or county commissioners courts), but also to the state representative who represents the district where the proposed development will be located. Additionally, the bill introduces a new provision that prevents the Texas Department of Housing and Community Affairs from approving an application if the local state representative submits a letter opposing the development. The changes will apply to applications submitted during application cycles based on the 2026 qualified allocation plan or any subsequent plans, ensuring that future affordable housing projects must receive more localized input and potential veto power from district representatives. The bill will take effect immediately if it receives a two-thirds vote in the Texas legislature, or on September 1, 2025, if it does not receive the required immediate effect votes.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB293