GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Local Government Code § 394.036: ACCEPTANCE OF FINANCIAL ASSISTANCE.

Read at publisher ↗
Where this section sits in the code
  1. LOCAL GOVERNMENT CODE
  2. TITLE 12. PLANNING AND DEVELOPMENT
  3. SUBTITLE C. PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT
  4. CHAPTER 394. HOUSING FINANCE CORPORATIONS IN MUNICIPALITIES AND COUNTIES
  5. SUBCHAPTER D. CORPORATE POWERS

(a) A housing finance corporation may apply for and accept, on its own behalf or on behalf of another person, advances, loans, grants, contributions, guarantees, rent supplements, mortgage assistance, and other forms of financial assistance from the federal government, the state, a county, a municipality, or any other public or quasi-public body, corporation, or foundation, or from any other public or private source, for any of the purposes of this chapter.

(b) The corporation may include reasonable and appropriate terms, not inconsistent with the purposes of this chapter, in any contract for financial assistance obtained under this section.

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Collected 2026-08-27T01:47:27Z. Source file · JSON

Browse this collection