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TX SB2910
TX SB2910Relating to the evaluation of an application for low income housing tax credits.
summary
Introduced
03/14/2025
03/14/2025
In Committee
04/07/2025
04/07/2025
Crossed Over
Passed
Dead
06/02/2025
06/02/2025
Introduced Session
89th Legislature Regular Session
Bill Summary
AN ACT relating to the evaluation of an application for low income housing tax credits.
AI Summary
This bill amends the Texas Government Code to modify how the Texas Department of Housing and Community Affairs (TDHCA) evaluates and scores applications for low income housing tax credits. The bill adds a new scoring criterion specifically for developments in urban areas with counties over one million people, requiring those developments (except supportive housing and elderly-focused projects) to provide a high-quality prekindergarten program and associated educational space that meets specific departmental requirements. The scoring system will continue to prioritize factors such as financial feasibility, community participation, tenant income levels, unit size and quality, rent levels, development costs, tenant services, and community support. The bill also maintains existing provisions that encourage applicants to provide free notary services and give housing preference to low-income veterans in certain counties. The changes will apply only to applications submitted during the 2026 or subsequent qualified allocation plan cycles, ensuring that existing applications are evaluated under the rules in effect when they were submitted. The bill will take effect on September 1, 2025, giving stakeholders time to prepare for the new requirements.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Referred to Local Government (on 04/07/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB2910 |
| BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/SB02910I.htm |
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