reglab/housing_qa huggingface dataset:
TX Govt Code § 2306.1112 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.1112. Executive Award and Review Advisory Committee

Sec. 2306.1112.  EXECUTIVE AWARD AND REVIEW ADVISORY COMMITTEE.  (a)  The department shall establish an executive award and review advisory committee to make recommendations to the board regarding funding and allocation decisions.(b)  The advisory committee must include representatives from the department's underwriting and compliance functions and from the divisions responsible for administering federal housing funds provided to the state under the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. Section 12701 et seq.) and for administering low income housing tax credits.(c)   The advisory committee is not subject to Chapter 2110.(d)  Expired.|Added by Acts 2001, 77th Leg., ch. 1367, Sec. 1.18, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908), Sec. 21, eff. September 1, 2007.|
TX Govt Code § 2306.1114 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.1114. Notice of Receipt of Application or Proposed Application

Sec. 2306.1114.  NOTICE OF RECEIPT OF APPLICATION OR PROPOSED APPLICATION.  (a)  Not later than the 14th day after the date an application or a proposed application for housing funds described by Section 2306.111 has been filed, the department shall provide written notice of the filing of the application or proposed application to the following persons:(1)  the United States representative who represents the community containing the development described in the application;(2)  members of the legislature who represent the community containing the development described in the application;(3)  the presiding officer of the governing body of the political subdivision containing the development described in the application;(4)  any member of the governing body of a political subdivision who represents the area containing the development described in the application;(5)  the superintendent and the presiding officer of the board of trustees of the school district containing the development described in the application;  and(6)  any neighborhood organizations on record with the state or county in which the development described in the application is to be located and whose boundaries contain the proposed development site.(b)  The notice provided under Subsection (a) must include the following information:(1)  the relevant dates affecting the application, including:(A)  the date on which the application was filed;(B)  the date or dates on which any hearings on the application will be held;  and(C)  the date by which a decision on the application will be made;(2)  a summary of relevant facts associated with the development;(3)  a summary of any public benefits provided as a result of the development, including rent subsidies and tenant services;  and(4)  the name and contact information of the employee of the department designated by the director to act as the information officer and liaison with the public regarding the application.|Added by Acts 2003, 78th Leg., ch. 330, Sec. 11, eff. Sept. 1, 2003.|
TX Govt Code § 2306.1115 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.1115. Regional Allocation Formula

Sec. 2306.1115.  REGIONAL ALLOCATION FORMULA.  (a)  To allocate housing funds under Section 2306.111(d), the department shall develop a formula that:(1)  includes as a factor the need for housing assistance and the availability of housing resources in an urban area or rural area;(2)  provides for allocations that are consistent with applicable federal and state requirements and limitations; and(3)  includes other factors determined by the department to be relevant to the equitable distribution of housing funds under Section 2306.111(d).(b)  The department shall use information contained in its annual state low income housing plan and other appropriate data to develop the formula under this section.|Added by Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908), Sec. 5, eff. September 1, 2007.|
TX Govt Code § 2306.112 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.112. Preparation and Content of Annual Budget

Sec. 2306.112.  PREPARATION AND CONTENT OF ANNUAL BUDGET.  (a)  On or before August 1 of each year, the director shall file with the board a proposed annual budget for the housing finance division for the succeeding fiscal year.(b)  The budget shall state:(1)  the general categories of expected expenditures from revenues and income of the housing finance division;(2)  the amount of expected expenditures for each category;(3)  expected operating expenses of the housing finance division;  and(4)  the proposed use of projected year-end unencumbered balances.(c)  The budget may include a provision or reserve for contingencies or overexpenditures.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.113 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.113. Board Consideration of Annual Budget

Sec. 2306.113.  BOARD CONSIDERATION OF ANNUAL BUDGET.  On or before September 1 of each year, the board shall consider the director's proposed annual budget for the housing finance division and shall approve or change the budget as the board determines necessary or advisable.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.114 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.114. Filing of Annual Budget

Sec. 2306.114.  FILING OF ANNUAL BUDGET.  (a)  Copies of the annual budget certified by the presiding officer of the board shall be filed promptly with the governor and the legislature.(b)  The annual budget is not effective until filed.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.115 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.115. Failure to Adopt Annual Budget

Sec. 2306.115.  FAILURE TO ADOPT ANNUAL BUDGET.  If the board does not adopt the annual budget on or before September 1, the budget for the preceding year remains in effect until a new budget is adopted.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|Sec. 2306.116.  AMENDED ANNUAL BUDGET.  (a)  The board may adopt an amended annual budget during the fiscal year.(b)  An amended annual budget does not supersede a prior budget until it is filed with the governor and the legislature.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.117 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.117. Payment of Expenses; Indebtedness

Sec. 2306.117.  PAYMENT OF EXPENSES;  INDEBTEDNESS.  (a)  The expenses incurred in carrying out the functions of the housing finance division may be paid only from revenues or funds provided under this chapter.(b)  This chapter does not authorize the housing finance division to incur debt or liability on behalf of or payable by the state, except as provided by this chapter or other law.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.118 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.118. Deposit of Funds With Texas Treasury Safekeeping Trust Company

Sec. 2306.118.  DEPOSIT OF FUNDS WITH TEXAS TREASURY SAFEKEEPING TRUST COMPANY.  Except as provided by Section 2306.120, revenue and funds of the department received by or payable through the programs and functions of the housing finance division, other than funds necessary for the operation of the housing finance division and appropriated funds, shall be deposited outside the treasury with the Texas Treasury Safekeeping Trust Company.|Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.119 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.119. Selection of Depository for Operating Funds

Sec. 2306.119.  SELECTION OF DEPOSITORY FOR OPERATING FUNDS.  (a)  The department shall choose a depository for the operating funds of the housing finance division after inviting bids for favorable interest rates.(b)  The housing finance division shall publish notice in at least one newspaper of general circulation in this state no later than the 14th day before the last day set for the receipt of the bids.(c)  Notice published under this section must state the:(1)  types of deposits planned;(2)  last day on which bids will be received;  and(3)  time and place for opening bids.(d)  Sealed bids must be:(1)  identified on the envelope as bids;  and(2)  submitted to the housing finance division before the deadline for receiving bids.(e)  The housing finance division shall provide a tabulation of all submitted bids for public inspection.(f)  The department shall choose the depository submitting the bid with the most favorable financial terms to the department, considering the security and efficiency with which the depository is capable of managing the department's funds.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.120 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.120. Selection of Depository Under Covenants of Bonds or Trust Indentures

Sec. 2306.120.  SELECTION OF DEPOSITORY UNDER COVENANTS OF BONDS OR TRUST INDENTURES.  (a)  If covenants related to the department's bonds or the trust indentures governing the bonds specify one or more depositories or set out a method of selecting depositories different from the method required by this subchapter, the covenants prevail regarding the funds to which they apply and the funds are not required to be deposited with the Texas Treasury Safekeeping Trust Company.(b)  Bonds of the housing finance division issued under trust indentures executed or resolutions adopted on or after September 1, 1991, may not include a covenant that interferes with the deposit of funds in the Texas Treasury Safekeeping Trust Company.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.121 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.121. Records

Sec. 2306.121.  RECORDS.  The housing finance division shall keep complete records and accounts of its business transactions according to generally accepted accounting principles.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.123 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.123. Area Median Income

Sec. 2306.123.  AREA MEDIAN INCOME.  The department may determine the median income of an individual or family for an area by using a source or methodology acceptable under federal law or rule.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.1231 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.1231. Federal Poverty Line

Sec. 2306.1231.  FEDERAL POVERTY LINE.  The department shall use the applicable federal poverty line in determining eligibility for each federal or state program administered by the department that requires poverty instead of area median income to be used as a criterion of program eligibility.|Added by Acts 1995, 74th Leg., ch. 76, Sec. 5.76(a), eff. Sept. 1, 1995.|
TX Govt Code § 2306.124 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.124. Rules Regarding Housing Developments

Sec. 2306.124.  RULES REGARDING HOUSING DEVELOPMENTS.  The department may adopt and publish rules regarding the:(1)  making of mortgage loans under this subchapter;(2)  regulation of borrowers;(3)  construction of ancillary commercial facilities;  and(4)  resale and disposition of real property, or an interest in the property, that is financed by the department.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.125 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.125. Court Actions

Sec. 2306.125.  COURT ACTIONS.  (a)  The department may institute a judicial action or proceeding against a housing sponsor receiving a loan or owning a housing development under this chapter to:(1)  enforce this chapter;(2)  enforce the terms and provisions of an agreement or contract between the department and the recipient of a loan under this chapter, including provisions regarding rental or carrying charges and income limits as applied to tenants or occupants;(3)  foreclose its mortgage;  or(4)  protect:(A)  the public interest;(B)  individuals and families of low and very low income or families of moderate income;(C)  stockholders;  or(D)  creditors of the sponsor.(b)  In an action or proceeding under this section, the department may apply for the appointment of a trustee or receiver to assume the management and operation of the affairs of a housing sponsor.(c)  The department, through its designated agent, may accept appointment as trustee or receiver of a housing sponsor when appointed by a court of competent jurisdiction.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.126 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.126. Exemption From Property Tax

Sec. 2306.126.  EXEMPTION FROM PROPERTY TAX.  (a)  The department may, under its terms, conditions, and rules, pay public agencies in lieu of ad valorem taxes on property that the department acquires through foreclosure or sale under a deed of trust.(b)  The department shall make payments under this section instead of paying taxes whenever practicable with money lawfully available for this purpose, subject to the provisions of any bond resolution.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.127 (2021)
2021 Texas Statutes|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 F. Housing Finance Division: General Provisions|Section 2306.127. Priority for Certain Communities

Sec. 2306.127.  PRIORITY FOR CERTAIN COMMUNITIES.  In a manner consistent with the regional allocation formula described under Section 2306.111(d), the department shall give priority through its housing program scoring criteria to communities that are located wholly or partly in:(1)  a federally designated urban enterprise community;(2)  an urban enhanced enterprise community;  or(3)  an economically distressed area or colonia.|Added by Acts 2001, 77th Leg., ch. 1367, Sec. 1.19, eff. Sept. 1, 2001.|
TX Govt Code § 2306.141 (2021)
2021 Texas Statutes|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 G. Housing Finance Division: General Powers and Duties of Board|Section 2306.141. Rules

Sec. 2306.141.  RULES.  The board shall have the specific duty and power to adopt rules governing the administration of the housing finance division and its programs.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.143 (2021)
2021 Texas Statutes|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 G. Housing Finance Division: General Powers and Duties of Board|Section 2306.143. Alternative to Subprime Lender List

Sec. 2306.143.  ALTERNATIVE TO SUBPRIME LENDER LIST.  (a)  If the United States Department of Housing and Urban Development ceases to prepare or make public a subprime lender list, the market study required by Section 2306.142 must annually survey the 100 largest refinancing lenders and the 100 largest home purchase loan lenders in the state to identify lenders primarily engaged in subprime lending.(b)  The lenders included in the survey must be identified on the basis of home mortgage loan data reported by lenders under the Home Mortgage Disclosure Act of 1975 (12 U.S.C. Section 2801 et seq.) and the Community Reinvestment Act of 1977 (12 U.S.C. Section 2901 et seq.).|Added by Acts 2001, 77th Leg., ch. 1367, Sec. 2.03, eff. Sept. 1, 2001.|
TX Govt Code § 2306.144 (2021)
2021 Texas Statutes|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 G. Housing Finance Division: General Powers and Duties of Board|Section 2306.144. Fees for Services and Facilities; Payment of Department Obligations and Expenses

Sec. 2306.144.  FEES FOR SERVICES AND FACILITIES;  PAYMENT OF DEPARTMENT OBLIGATIONS AND EXPENSES.  (a)  It is the duty of the board to establish and collect sufficient fees for services and facilities.(b)  The board shall use available sources of revenue, income, and receipts to:(1)  pay all expenses of the department's operation and maintenance;(2)  pay the principal and interest on department bonds;  and(3)  create and maintain the reserves or funds provided by each resolution authorizing the issuance of department bonds.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.145 (2021)
2021 Texas Statutes|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 G. Housing Finance Division: General Powers and Duties of Board|Section 2306.145. Loan Procedures

Sec. 2306.145.  LOAN PROCEDURES.  The board shall have the specific duty and power to adopt procedures for approving loans, purchases of loans and interests in loans, and commitments to purchase loans under this chapter.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.146 (2021)
2021 Texas Statutes|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 G. Housing Finance Division: General Powers and Duties of Board|Section 2306.146. Interest Rates and Amortization Schedules

Sec. 2306.146.  INTEREST RATES AND AMORTIZATION SCHEDULES.  The board shall have the specific duty and power to establish interest rates and amortization schedules for loans made or financed under this chapter.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 2306.147 (2021)
2021 Texas Statutes|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 G. Housing Finance Division: General Powers and Duties of Board|Section 2306.147. Fees and Penalties

Sec. 2306.147.  FEES AND PENALTIES.  (a)  The board shall have the specific duty and power to establish a schedule of fees and penalties relating to the operation of the housing finance division and authorized by this chapter, including application, processing, loan commitment, origination, servicing, and administrative fees.(b)  The department shall waive grant application fees for nonprofit organizations that offer expanded services such as child care, nutrition programs, job training assistance, health services, or human services.|Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.  Amended by Acts 1997, 75th Leg., ch. 980, Sec. 25, eff. Sept. 1, 1997.|