reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 373A.053 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter B. General Powers and Duties|Section 373A.053. Inventory of Properties

Sec. 373A.053.  INVENTORY OF PROPERTIES.  (a)  The municipality and any county containing all or the greatest portion of the district shall each prepare on an annual basis an inventory of all land owned by the municipality or county, as appropriate, in the district and the current and projected uses of the land.(b)  The municipality and the county shall prepare on an annual basis a list of parcels of land for which delinquent taxes have been owed for a period of two or more years.(c)  The municipality and the county shall make the inventories prepared under Subsection (a) available to the public on request.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.054 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter B. General Powers and Duties|Section 373A.054. Additional Methods of Increasing the Supply of Affordable Housing

Sec. 373A.054.  ADDITIONAL METHODS OF INCREASING THE SUPPLY OF AFFORDABLE HOUSING.  A municipality that designates a district under Section 373A.051 may provide tax-exempt bond financing, offer density bonuses, or provide other incentives to increase the supply of affordable housing and maintain the affordability of existing housing for low-income and moderate-income families.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.101 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.101. Creation

Sec. 373A.101.  CREATION.  The governing body of a political subdivision by ordinance or order may create or designate under this subchapter one or more homestead land trusts, including a housing finance corporation established under Chapter 394 or a land trust operated by a community housing development organization certified by the municipality, to operate in an area that includes a district designated under Subchapter B.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 5, eff. September 1, 2007.|
TX Loc Govt Code § 373A.102 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.102. Nature of Nonpublic Trust

Sec. 373A.102. NATURE OF NONPUBLIC TRUST.  A trust that is not created by the governing body of a political subdivision must be a nonprofit organization that is:(1)  created to acquire and hold land for the benefit of developing and preserving long-term affordable housing in the district; and(2)  exempt from federal income taxation under Section 501(a), Internal Revenue Code of 1986, by being certified as an exempt organization under Section 501(c)(3), Internal Revenue Code of 1986.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 6, eff. September 1, 2007.|
TX Loc Govt Code § 373A.103 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.103. Purpose of Trust

Sec. 373A.103.  PURPOSE OF TRUST.  The purpose of a trust is to:(1)  control local land use and reduce absentee ownership;(2)  provide affordable housing for low-income and moderate-income residents in the community;(3)  promote resident ownership and control of housing;(4)  keep housing affordable for future residents; and(5)  capture the value of public investment for long-term community benefit.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.104 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.104. Board of Directors

Sec. 373A.104.  BOARD OF DIRECTORS.  (a)  A trust shall be governed by a board of directors.(b)   If a trust holds land that provides at least 100 housing units, at least one-third of the board members must reside in housing units located on land held by the trust.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 7, eff. September 1, 2007.|
TX Loc Govt Code § 373A.105 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.105. Title to Land

Sec. 373A.105.  TITLE TO LAND.  (a)  A trust may retain title to land it acquires and may lease housing units located on the land or sell housing units located on the land under long-term ground leases, as provided by Section 373A.106.(b)  A trust may not transfer title to any land owned by the trust without obtaining:(1)  a unanimous vote of the board members of the trust;(2)  approval by the municipality and county in which the land is located, as provided through a resolution of the governing bodies of the municipality and county adopted with the affirmative vote of four-fifths of the members following a public hearing; and(3)  the provision by the board of the trust of advance notice to all persons who own or rent housing units located on land owned by the trust.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.106 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.106. Sale or Lease of Housing Units

Sec. 373A.106.  SALE OR LEASE OF HOUSING UNITS.  (a)  A trust shall sell or lease all housing units only to families with a yearly income at the time of purchase or lease of the housing unit at or below 70 percent of the area median family income, adjusted for family size.(b)  At least 40 percent of the housing units sold or leased by the trust must be sold or leased to families with a yearly income at the time of purchase or lease at or below 50 percent of the area median family income, adjusted for family size.(c)  At least 10 percent of the housing units sold or leased by the trust must be sold or leased to families with a yearly income at the time of purchase or lease at or below 30 percent of the area median family income, adjusted for family size.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.107 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.107. Transfer From Governmental Entities; Forgiving Outstanding Taxes

Sec. 373A.107.  TRANSFER FROM GOVERNMENTAL ENTITIES; FORGIVING OUTSTANDING TAXES.  (a)  A governmental entity may transfer land to a trust without competitive bidding.(b)  A taxing unit may forgive outstanding taxes and fees on property transferred under this section if otherwise allowed by law.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.109 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.109. Relation to Other Law

Sec. 373A.109.  RELATION TO OTHER LAW.  This subchapter does not preclude the creation of a land trust by a nonprofit organization, including a community housing development organization, under other statutory or common law or the operation of that land trust inside or outside the district.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.110 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter C. Homestead Land Trust|Section 373A.110. Applicability of Subchapter to Trust Operated by Housing Finance Corporation

Sec. 373A.110.  APPLICABILITY OF SUBCHAPTER TO TRUST OPERATED BY HOUSING FINANCE CORPORATION.  Sections 373A.102, 373A.104, 373A.105(b), and 373A.106 do not apply to a trust operated in the district by a housing finance corporation established under Chapter 394.|Added by Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 8, eff. September 1, 2007.|
TX Loc Govt Code § 373A.151 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.151. Applicability of Other Law

Sec. 373A.151.  APPLICABILITY OF OTHER LAW.  (a)  Except as provided by this subchapter, Chapter 311, Tax Code, applies to a homestead preservation reinvestment zone created under this subchapter.  To the extent of any conflict between this subchapter and Chapter 311, Tax Code, this subchapter prevails.(b)  In addition to other provisions of this subchapter that modify or supersede the application of Chapter 311, Tax Code, to a zone established under this subchapter, Sections 311.005 and 311.006, Tax Code, do not apply to a zone established under this subchapter.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 9, eff. September 1, 2007.|
TX Loc Govt Code § 373A.152 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.152. General Authority to Create Homestead Preservation Reinvestment Zone

Sec. 373A.152.  GENERAL AUTHORITY TO CREATE HOMESTEAD PRESERVATION REINVESTMENT ZONE.  (a)  A municipality by ordinance may designate a contiguous geographical area contained entirely within the boundaries of the district as a homestead preservation reinvestment zone to develop or redevelop affordable housing if the municipality determines the zone is necessary to accomplish the purposes of this chapter.(b)  A county may participate in a homestead preservation reinvestment zone established by a municipality under Subsection (a) by adopting a final order:(1)  agreeing to the creation of the zone, the zone boundaries, and the zone termination date specified by the municipality under Section 373A.1521(1); and(2)  specifying an amount of tax increment to be deposited by the county into the tax increment fund that is equal to the amount of the tax increment specified by the municipality under Section 373A.1521(3).(c)  Repealed by Acts 2007, 80th Leg., R.S., Ch. 1175, Sec. 17(1), eff. September 1, 2007.(d)  Repealed by Acts 2007, 80th Leg., R.S., Ch. 1175, Sec. 17(1), eff. September 1, 2007.(e)  Repealed by Acts 2007, 80th Leg., R.S., Ch. 1175, Sec. 17(1), eff. September 1, 2007.(f)  Repealed by Acts 2007, 80th Leg., R.S., Ch. 1175, Sec. 17(1), eff. September 1, 2007.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 10, eff. September 1, 2007.Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 17(1), eff. September 1, 2007.Acts 2013, 83rd Leg., R.S., Ch. 711 (H.B. 3350), Sec. 3, eff. September 1, 2013.|
TX Loc Govt Code § 373A.1521 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.1521. Contents of Reinvestment Zone Ordinance

Sec. 373A.1521.  CONTENTS OF REINVESTMENT ZONE ORDINANCE.  The ordinance designating the homestead preservation zone must:(1)  contain the information required under Sections 311.004(a)(1), (4), and (6), Tax Code;(2)  assign a name to the zone for identification, with the first zone designated as "(Name of municipality) Homestead Preservation Reinvestment Zone Number One," and subsequently created zones assigned names in the same form numbered consecutively in the order of their designation;(3)  specify the amount of tax increment to be deposited by the municipality into the tax increment fund; and(4)  contain findings that the area is unproductive, underdeveloped, or blighted as provided by Section 1-g(b), Article VIII, Texas Constitution.|Added by Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 11, eff. September 1, 2007.|
TX Loc Govt Code § 373A.1522 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.1522. Effective Date of Zone

Sec. 373A.1522.  EFFECTIVE DATE OF ZONE.  The zone designated by the ordinance adopted under Section 373A.1521 takes effect on the date designated by the municipality in the ordinance adopted under Section 373A.1521.|Added by Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 11, eff. September 1, 2007.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 711 (H.B. 3350), Sec. 4, eff. September 1, 2013.|
TX Loc Govt Code § 373A.1541 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.1541. Tax Increment Financing and Abatement

Sec. 373A.1541.  TAX INCREMENT FINANCING AND ABATEMENT.  Designation of an area as a homestead preservation reinvestment zone is also designation of the area as a reinvestment zone for tax increment financing under Chapter 311, Tax Code.|Added by Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 12, eff. September 1, 2007.|
TX Loc Govt Code § 373A.155 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.155. Collection and Deposit of Tax Increments

Sec. 373A.155. COLLECTION AND DEPOSIT OF TAX INCREMENTS.  (a)  The municipality designating the zone and the county shall provide for the collection of its taxes on real property located in the zone as for any other property taxed by the municipality and the county.(a-1)  The municipality shall pay into the tax increment fund an amount specified in the ordinance designating the zone.(b)  If a county elects to participate in a homestead preservation reinvestment zone, the county shall pay into the tax increment fund for the zone an amount equal to the tax increment paid by the municipality as specified in the order adopted under Section 373A.152.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 13, eff. September 1, 2007.Acts 2013, 83rd Leg., R.S., Ch. 711 (H.B. 3350), Sec. 5, eff. September 1, 2013.|
TX Loc Govt Code § 373A.157 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.157. Administration and Use of Tax Increment Fund

Sec. 373A.157.  ADMINISTRATION AND USE OF TAX INCREMENT FUND.  (a)  The tax increment fund is administered by the governing body of the municipality in accordance with the project and reinvestment zone financing plans.  Revenue from the tax increment fund must be dedicated as provided by this section to the development, construction, and preservation of affordable housing in the zone by a political subdivision, a community housing development organization certified by the municipality, a trust created or designated by a political subdivision, or another entity as provided by this section.(b)  All revenue from the tax increment fund must be expended to benefit families that have a yearly income at or below 70 percent of the area median family income, adjusted for family size.(c)  At least 50 percent of the revenue from the tax increment fund expended annually must benefit families that have a yearly income at or below 50 percent of the area median family income, adjusted for family size.(d)  At least 25 percent of the revenue from the tax increment fund expended annually must benefit families that have a yearly income at or below 30 percent of the area median family income, adjusted for family size.(e)  The municipality must spend at least 80 percent of the revenue expended annually from the tax increment fund for project costs, including the purchase of real property, the construction or rehabilitation of affordable housing in the zone, and infrastructure improvements directly related to supporting the construction or rehabilitation of affordable housing in the zone.  The municipality may spend not more than 10 percent of the revenue expended annually from the tax increment fund for administration of the zone.(f)  The municipality may provide not more than 10 percent of the revenue expended annually from the tax increment fund to designated land banks and community housing development organizations for the administration of housing-related activities in the zone.(g)  All housing created or rehabilitated with revenue from the tax increment fund must have at least a 30-year affordability period.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 14, eff. September 1, 2007.|
TX Loc Govt Code § 373A.158 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter D. Homestead Preservation Reinvestment Zone|Section 373A.158. Annual Report

Sec. 373A.158.  ANNUAL REPORT.  (a)  If a county elects to participate in a homestead preservation reinvestment zone, the county is the only taxing unit entitled to receive the annual report prepared under Section 311.016(a), Tax Code.(b)  The report must include:(1)  the amount and source of revenue in the tax increment fund established for the zone;(2)  the amount and purpose of expenditures from the fund and the income levels of the persons who benefited from the expenditures;(3)  the number of parcels of property purchased, housing units rehabilitated, and housing units constructed and the income levels of the persons residing in the housing units;(4)  the tax increment base and current captured appraised value retained by the zone;(5)  the total amount of tax increments received; and(6)  any additional information necessary to demonstrate good faith compliance with the provisions of this subchapter.(c)  Repealed by Acts 2007, 80th Leg., R.S., Ch. 1175, Sec. 17(2), eff. September 1, 2007.(d)  The municipality shall make the report available to the public on the municipality's official website.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 15, eff. September 1, 2007.Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 17(2), eff. September 1, 2007.Acts 2013, 83rd Leg., R.S., Ch. 711 (H.B. 3350), Sec. 6, eff. September 1, 2013.|
TX Loc Govt Code § 373A.201 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter E. Homestead Land Bank Program|Section 373A.201. Short Title

Sec. 373A.201.  SHORT TITLE.  This subchapter may be cited as the Homestead Land Bank Program Act.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.202 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter E. Homestead Land Bank Program|Section 373A.202. Applicability

Sec. 373A.202.  APPLICABILITY.  This subchapter applies only to a municipality that has designated a district under Section 373A.051.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|