{"data":{"id":"us-tx/tex.-local-government-code-373b.004","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 373B.004","heading":"PURPOSES OF TRUST.","body":"The purposes of a community land trust are to:\n(1) provide affordable housing for low-income and moderate-income residents in the community;\n(2) promote resident ownership of housing;\n(3) keep housing affordable for future residents; and\n(4) capture the value of public investment for long-term community benefit.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 383 (S.B. 402), Sec. 1, eff. January 1, 2012.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE A. MUNICIPAL PLANNING AND DEVELOPMENT","CHAPTER 373B. COMMUNITY LAND TRUSTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.373B.htm#373B.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"67f981466425cea2017f02deac1cbe37f8a4da75ef186be6be92cd320997a7b0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-373b.003","next":"us-tx/tex.-local-government-code-373b.005"},"notice":"GroundRules: Original legal text. Not legal advice."}