{"data":{"id":"us-tx/tex.-government-code-2306.203","jurisdiction":"us-tx","citation":"Tex. Government Code § 2306.203","heading":"RULES REGARDING ADMINISTRATION OF HOUSING TRUST FUND.","body":"The board shall adopt rules to administer the housing trust fund, including rules providing:\n(1) that the division give priority to programs that maximize federal resources;\n(2) for a process to set priorities for use of the fund, including the distribution of fund resources in accordance with a plan that is developed and approved by the board and included in the department's annual report regarding the housing trust fund as described in the General Appropriations Act;\n(3) that the criteria used to evaluate a proposed activity will include the:\n(A) leveraging of resources;\n(B) cost-effectiveness of the proposed activity; and\n(C) extent to which individuals and families of very low income are served by the proposed activity;\n(4) that funds may not be made available for a proposed activity that permanently and involuntarily displaces individuals and families of low income;\n(5) that the board attempt to allocate funds to achieve a broad geographical distribution with:\n(A) special emphasis on equitably serving rural and nonmetropolitan areas; and\n(B) consideration of the number and percentage of income-qualified families in different geographical areas; and\n(6) that multifamily housing developed or rehabilitated through the fund remain affordable to income-qualified households for at least 20 years.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.\nAmended by:\nActs 2009, 81st Leg., R.S., Ch. 1365 (S.B. 679), Sec. 3, eff. June 19, 2009.","path":["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 I. HOUSING FINANCE DIVISION: FUNDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm#2306.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"51c02673c385842d59a7e4a7232127d823e402ea0481d1149c5788fd8acdb42c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2306.202","next":"us-tx/tex.-government-code-2306.204"},"notice":"GroundRules: Original legal text. Not legal advice."}