Tex. Government Code § 2306.6729: QUALIFIED NONPROFIT ORGANIZATION.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 10. GENERAL GOVERNMENT
- SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS
- CHAPTER 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS
- SUBCHAPTER DD. LOW INCOME HOUSING TAX CREDIT PROGRAM
(a) A qualified nonprofit organization may compete in any low income housing tax credit allocation pool, including:
(1) the nonprofit allocation pool;
(2) the rural projects/prison communities allocation pool; and
(3) the general projects allocation pool.
(b) A qualified nonprofit organization submitting an application under this subchapter must have a controlling interest in a project proposed to be financed with a low income housing tax credit from the nonprofit allocation pool.
Added by Acts 2001, 77th Leg., ch. 1367, Sec. 1.30, eff. Sept. 1, 2001.
Collected 2026-08-27T01:47:16Z. Source file · JSON