Bill: HB 3608, 84(R) - 2015

Bill Caption

Relating to predevelopment grants provided to community housing development organizations and notice given regarding the completion of an environmental review by the Texas Department of Housing and Community Affairs.

Fiscal Notes

There is no significant fiscal implication to the State or local government.

Bill Analysis

HB 3608 would amend Government Code to require the Texas Department of Housing and Community Affairs (TDHCA) to review any substantially complete application for an award of financial assistance under the terms of the federal HOME Investment Partnerships Program within 90 days after the date of receipt of the application and to provide to the applicant any necessary technical assistance.

The bill would authorize TDHCA to issue to a community housing development organization certified by TDHCA a project-specific predevelopment loan to facilitate an activity necessary to develop a project that, if considered feasible, will receive an award of financial assistance under the terms of the federal HOME Investment Partnerships Program.

Vote Recommendation Notes

This bill would make mostly administrative, clerical, and non-substantive updates to current code with no discernible connection to our liberty principles, therefore we are neutral on HB 3608. 

Source URL (retrieved on 04/19/2024 11:04 AM): http://reports.texasaction.com/bill/84r/hb3608?print_view=true