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TX SB2910

TX SB2910
Relating to the evaluation of an application for low income housing tax credits.


summary

Introduced
03/14/2025
In Committee
04/07/2025
Crossed Over
Passed
Dead
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)

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