Bill > HB2132

This bill modifies how the Texas Department of Housing and Community Affairs (TDHCA) awards points for low income housing tax credits (LIHTC) to projects reserved for elderly persons versus projects for the general population. Specifically, the bill allows the department to award a different number of points to elderly housing projects compared to general population housing projects, even if both projects comply with a scoring criterion to the same degree. The bill repeals two existing sections of government code related to housing tax credits and specifies that these changes will only apply to LIHTC applications submitted during application cycles based on the 2026 qualified allocation plan or subsequent plans. The new provisions will take effect on September 1, 2025, giving housing developers and the TDHCA time to prepare for the changes. By allowing more flexible scoring for elderly housing projects, the bill appears aimed at potentially providing more favorable treatment or incentives for housing developments specifically targeted at senior citizens.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB2132