{"data":{"id":"us-tx/tex.-government-code-2306.802","jurisdiction":"us-tx","citation":"Tex. Government Code § 2306.802","heading":"MULTIFAMILY HOUSING PRESERVATION CLASSES.","body":"The department shall establish two classes of priorities of developments to preserve multifamily housing. The classes, in order of descending priority, are:\n(1) Class A, which includes any federally subsidized multifamily housing development at risk because the contract granting a federal subsidy with a stipulation to maintain affordability is nearing expiration or because the government-insured mortgage on the property is eligible for prepayment or near the end of its mortgage term; and\n(2) Class B, which includes any other multifamily housing development with low income use or rental affordability restrictions.\nAdded by Acts 2001, 77th Leg., ch. 1367, Sec. 3.05, eff. Sept. 1, 2001.","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 HH. AFFORDABLE HOUSING PRESERVATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm#2306.802","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"75624116872bdb0b4fb9bdb90351ba93d49b8314aeb5a1fd24acf394e3236970","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2306.801","next":"us-tx/tex.-government-code-2306.803"},"notice":"GroundRules: Original legal text. Not legal advice."}