reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 392.066 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter D. Powers and Duties of a Housing Authority|Section 392.066. Public Facility Corporation

Sec. 392.066.  PUBLIC FACILITY CORPORATION.  (a)  An authority that creates a public facility corporation under Chapter 303 may, with or without consideration, for the purpose of providing affordable housing or housing assistance, enter into an agreement with, make a contribution to, make an investment in, enter into a lease or exchange with, or make a mortgage or loan to the corporation to:(1)  acquire, construct, rehabilitate, renovate, repair, equip, furnish, or provide assistance to a residential development described by Section 394.004 or a housing project;  or(2)  accomplish another public purpose authorized by law.(b)  For the purpose of providing affordable housing or housing assistance and for a purpose described by Subsection (a), an authority described by Subsection (a) may also, with or without consideration:(1)  transfer, convey, pledge, or otherwise use money, personal or real property, or any other right or benefit to which the authority is entitled under state or federal law;  and(2)  pledge a right or benefit described by Subdivision (1) to secure the payment of indebtedness issued by the public facility corporation created by the authority.(c)  For the purpose of providing affordable housing or housing assistance, an authority may exercise a power granted by Subsection (a) as necessary to:(1)  develop or diversify the economy of this state;(2)  reduce unemployment or underemployment in this state;(3)  develop or expand commerce in this state;  or(4)  promote another public purpose.(d)  The powers granted by this section do not affect the powers of an authority granted under Chapter 303.(e)  A housing development project or other program that uses funds provided by an authority under this section must benefit individuals and families whose incomes are not more than 60 percent of the area median family income, adjusted for family size, as determined by the United States Department of Housing and Urban Development, in the same proportion that the funds provided by the authority under this section bear to the overall cost of the housing development project or other program.|Added by Acts 1999, 76th Leg., ch. 348, Sec. 1, eff. May 29, 1999.  Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.341, eff. Sept. 1, 2001.|
TX Loc Govt Code § 392.067 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter D. Powers and Duties of a Housing Authority|Section 392.067. Veterans Housing in Certain Counties

Sec. 392.067.  VETERANS HOUSING IN CERTAIN COUNTIES.  (a)  In this section, "veteran" means a person who has served on active duty in the armed forces of the United States or in the state military forces as defined by Section 437.001, Government Code.(b)  A county or municipal housing authority in a county with a population of more than 500,000 may borrow money, accept grants, and exercise its powers to provide safe and sanitary housing communities for veterans.(c)  As the authority considers necessary to achieve the purposes of this chapter, an authority may enter into a lease or purchase agreement or accept a conveyance regarding real property as part of a housing project that will benefit veterans.  The agreement or conveyance may include any restrictive covenants that the authority considers appropriate regarding the property.  As the authority considers necessary and on the stipulation of the parties, the covenants run with the property.(d)  A county or municipal housing authority to which this section applies is not subject to the limitations in Section 392.014, 392.015, or 392.017 with respect to a housing project that benefits veterans as authorized by this section.|Added by Acts 2009, 81st Leg., R.S., Ch. 951 (H.B. 3358), Sec. 1, eff. September 1, 2009.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 1217 (S.B. 1536), Sec. 3.16, eff. September 1, 2013.|
TX Loc Govt Code § 392.081 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.081. Authority to Issue Bonds

Sec. 392.081.  AUTHORITY TO ISSUE BONDS.  (a)  An authority may, by resolution, authorize the issuance of bonds in one or more series for a corporate purpose of the authority.(b)  An authority may issue refunding bonds to repay or retire bonds that the authority previously issued.(c)  An authority may determine the type of bond to issue, including bonds on which the principal and interest are payable:(1)  exclusively from the income and revenues of the housing project financed by the proceeds of the bonds or financed by those proceeds and a federal grant in aid of the project;(2)  exclusively from the income and revenue of designated housing projects regardless of whether the projects are financed by the bonds;  or(3)  from general revenue of the housing authority.(d)  Bonds issued by an authority may be additionally secured by a pledge of revenue or by the mortgage of a housing project or other property of the authority.  In addition, an authority may make credit agreements in conjunction with the issuance, payment, sale, resale, or exchange of bonds to enhance the security for or provide for the payment, redemption, or remarketing of the bonds and the interest on the bonds.  The cost to the authority of the credit agreement may be paid from the proceeds of the sale of the bonds to which the credit agreement relates or from any other source, including revenues of the authority that are available for the purpose of paying the bonds and the interest on the bonds or that may otherwise be legally available to make those payments.(e)  Bonds issued by an authority are not a debt for the purposes of a constitutional or statutory debt limitation or restriction.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1989, 71st Leg., ch. 677, Sec. 6, eff. Aug. 28, 1989.|
TX Loc Govt Code § 392.082 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.082. Form of Bonds

Sec. 392.082.  FORM OF BONDS.  (a)  The resolution authorizing bonds of an authority, or a trust indenture or mortgage of the authority that secures the bonds, may provide:(1)  the date to appear on the bonds;(2)  the maturity date of the bonds;(3)  the interest rate of the bonds;(4)  the denomination of the bonds;(5)  the form of the bonds, either coupon or registered;(6)  conversion or registration privileges of the bonds;(7)  the rank and priority of the bonds;(8)  the manner of execution of the bonds;(9)  the medium and place of payment of the bonds;  and(10)  the terms of redemption of the bonds, with or without premium.(b)  The signatures of commissioners or officers on the bonds are valid and sufficient for all purposes regardless of whether the commissioners or officers are in office or have left office at the time the bonds are delivered.(c)  In a proceeding involving the validity or enforceability of a bond of an authority, or the security for the bond, a bond that recites in substance that it is issued by the authority to aid in financing a housing project to provide housing for persons of low income shall be conclusively considered to be issued for that purpose and the project shall be conclusively considered to be planned, located, and constructed in accordance with this chapter.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.083 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.083. Sale of Bonds

Sec. 392.083.  SALE OF BONDS.  (a)  Bonds issued by an authority may be sold either at a public sale after notice is published in accordance with this section or at a private sale.  Bonds may be sold at the price or prices determined by the authority but may not be sold at a price that would cause the interest on the bonds to exceed the maximum net effective interest rate established by Chapter 1204, Government Code.(b)  Notice of a public sale of bonds of a housing authority must be published before the fifth day before the date of the sale in a newspaper with general circulation within the boundaries of the authority and in a financial newspaper published in New York, New York.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1989, 71st Leg., ch. 677, Sec. 7, eff. Aug. 28, 1989;  Acts 2001, 77th Leg., ch. 1420, Sec. 8.342, eff. Sept. 1, 2001.|
TX Loc Govt Code § 392.0831 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.0831. Payment for Bonds

Sec. 392.0831.  PAYMENT FOR BONDS.  Bonds issued by an authority may be sold:(1)  for cash;(2)  in exchange for property constituting a housing project;  or(3)  by any combination of those methods.|Added by Acts 1989, 71st Leg., ch. 677, Sec. 8, eff. Aug. 28, 1989.|
TX Loc Govt Code § 392.084 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.084. Negotiability of Bonds

Sec. 392.084.  NEGOTIABILITY OF BONDS.  A bond issued under this chapter is fully negotiable.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.085 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.085. Liability on Bonds and Other Obligations

Sec. 392.085.  LIABILITY ON BONDS AND OTHER OBLIGATIONS.  (a)  A commissioner of an authority or a person who executes the bonds for an authority is not liable personally on the bonds due to the issuance of the bonds.(b)  The bonds and other obligations of an authority are not a debt of a municipality, a county, another political subdivision of the state, or the state, and a municipality, a county, another political subdivision, or the state is not liable on the bonds.(c)  Bonds issued by an authority are payable from only the funds and property of the authority issuing the bonds.(d)  Bonds and other obligations of an authority must state on their face that they are not debts of a municipality, a county, another political subdivision, or the state;  that a municipality, a county, another political subdivision, or the state is not liable on the bonds;  and that the bonds are payable from only the funds and property of the authority issuing the bonds.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.086 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.086. Tax Exemption

Sec. 392.086.  TAX EXEMPTION.  Bonds of an authority are issued for an essential public and governmental purpose and are public instrumentalities.  The bonds, interest on the bonds, and income from the bonds are exempt from taxes.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.088 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.088. Certification of Attorney General

Sec. 392.088.  CERTIFICATION OF ATTORNEY GENERAL.  After the proceedings for the issuance of bonds are complete, an authority may submit to the attorney general the bonds to be issued and the record of the proceedings.  The attorney general shall examine and pass on the validity of the bonds and the regularity of the proceedings in connection with the bonds.  If the proceedings conform to this chapter and are otherwise regular in form and if the bonds, on delivery and receipt of payment, will be binding and legal obligations of the authority that are enforceable according to their terms, the attorney general shall certify in substance on the back of the bonds that the bonds are issued in accordance with the constitution and the laws of the state.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.089 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.089. Purchase of Bonds by Authority

Sec. 392.089.  PURCHASE OF BONDS BY AUTHORITY.  An authority may purchase its bonds at a price not greater than the principal and accrued interest of the bonds.  Bonds purchased by an authority shall be canceled.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.090 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter E. Bonds and Other Obligations|Section 392.090. Covenant of Regional Housing Authority Regarding Area of Operation

Sec. 392.090.  COVENANT OF REGIONAL HOUSING AUTHORITY REGARDING AREA OF OPERATION.  In connection with the issuance of bonds or the incurring of other obligations, a regional housing authority may make a covenant regarding limitations on its right to adopt resolutions relating to the increase of its area of operation.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.101 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter F. Remedies|Section 392.101. Remedies of an Obligee of the Authority

Sec. 392.101.  REMEDIES OF AN OBLIGEE OF THE AUTHORITY.  (a)  Subject to contractual restrictions binding on the obligee, an obligee of an authority may compel, by mandamus or other proceeding at law or in equity, the performance by the authority and the commissioners, officers, agents, or employees of the authority of a term, provision, or covenant in a contract of the authority with or for the benefit of the obligee and of the duties of the authority under this chapter.(b)  Subject to contractual restrictions binding on the obligee, an obligee may obtain an injunction, by a proceeding in equity, of an unlawful act or of a violation of a right of the obligee by the authority.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.102 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter F. Remedies|Section 392.102. Optional Remedies of an Obligee

Sec. 392.102.  OPTIONAL REMEDIES OF AN OBLIGEE.  (a)  By resolution, trust indenture, mortgage, lease, or other contract, an authority may confer on an obligee holding or representing a specified amount in bonds or holding a lease the right on default to:(1)  the possession of a housing project or part of a housing project;(2)  the appointment of a receiver of a housing project or part of a housing project and of the rents and profits of the project;  or(3)  require the authority and the commissioners of the authority to account as if the authority and commissioners were the trustees of an express trust.(b)  The resolution or other instrument conferring a right under Subsection (a) must define the term "default."  The obligee may enforce the right in a proceeding in a court of competent jurisdiction.(c)  A receiver appointed in a proceeding brought under this section may take possession of, operate, maintain, and collect and receive the fees, rents, revenues, or other charges of the project or part of the project.  The receiver shall keep the money in one or more separate accounts and apply the money in accordance with the obligations of the authority as the court directs.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.103 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter F. Remedies|Section 392.103. Exemption of Property From Execution Sale

Sec. 392.103.  EXEMPTION OF PROPERTY FROM EXECUTION SALE.  (a)  The real property of an authority is exempt from levy and sale by execution.  An execution or other judicial process may not issue against the property, and a judgment against the authority may not be a charge or lien on the property.(b)  Subsection (a) does not limit the right of an obligee to foreclose or otherwise enforce a mortgage of an authority or to pursue a remedy for the enforcement of a pledge or lien given by the authority on its rents, fees, or revenues.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 392.104 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 392 - Housing Authorities Established by Municipalities and Counties|Subchapter F. Remedies|Section 392.104. Effect of Certain Provisions on Obligee Rights Conferred by Authority

Sec. 392.104.  EFFECT OF CERTAIN PROVISIONS ON OBLIGEE RIGHTS CONFERRED BY AUTHORITY.  Sections 392.004 and 392.055 do not limit the power of an authority to vest in an obligee the right, in the event of default by the authority, to take possession of a housing project, obtain the appointment of a receiver for the project, or acquire title to the project through foreclosure, free from the restrictions imposed by those sections.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 394.001 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 394 - Housing Finance Corporations in Municipalities and Counties|Subchapter A. General Provisions|Section 394.001. Short Title

Sec. 394.001.  SHORT TITLE.  This chapter may be cited as the Texas Housing Finance Corporations Act.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 394.002 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 394 - Housing Finance Corporations in Municipalities and Counties|Subchapter A. General Provisions|Section 394.002. Purpose; Legislative Findings

Sec. 394.002.  PURPOSE;  LEGISLATIVE FINDINGS.  (a)  The purpose of this chapter is to provide a means to finance the cost of residential ownership and development that will provide decent, safe, and sanitary housing at affordable prices for residents of local governments.(b)  The legislature finds that residential ownership and development:(1)  promotes the public health, safety, morals, and welfare;(2)  relieves conditions of unemployment and encourages the increase of industry, commercial activity, and other economic development to reduce the adverse effects of unemployment;(3)  provides for efficient and well-planned urban growth and development, including the elimination and prevention of potential urban blight and the proper coordination of industrial facilities with public services, mass transportation, and residential development;(4)  assists persons of low and moderate income to acquire and own decent, safe, sanitary, and affordable housing;  and(5)  preserves and increases the ad valorem tax bases of local governments.(c)  The legislature finds that the accomplishment of the results described by Subsection (b) is a public purpose and function and lessens the burdens of government.  The legislature further finds that:(1)  the creation of a housing finance corporation is for the benefit of the people of the state, improves the public health and welfare, and promotes the economy;(2)  those purposes are public purposes;  and(3)  the corporation, as a public instrumentality and nonprofit corporation, performs an essential governmental function on behalf of and for the benefit of the general public, the local government, and this state.(d)  It is the intent of the legislature to authorize local governments to create and use public nonprofit corporations to issue obligations to accomplish the results described by Subsection (b).|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 394.004 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 394 - Housing Finance Corporations in Municipalities and Counties|Subchapter A. General Provisions|Section 394.004. Application of Chapter to Certain Residential Developments

Sec. 394.004.  APPLICATION OF CHAPTER TO CERTAIN RESIDENTIAL DEVELOPMENTS.  This chapter applies only to a residential development at least 90 percent of which is for use by or is intended to be occupied by persons of low and moderate income whose adjusted gross income, together with the adjusted gross income of all persons who intend to reside with those persons in one dwelling unit, did not for the preceding tax year exceed the maximum amount constituting moderate income under the housing finance corporation's rules, resolutions relating to the issuance of bonds, or financing documents relating to the issuance of bonds.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|