Subscribe to receive our Floor Reports covering all the action on the Texas House and Senate floor!
Relating to the allocation of low income housing tax credits.
No fiscal implication to the State is anticipated.
HB 1215 would allow the Texas Department of Housing and Community Affairs (TDHCA) to require as part of the threshold criteria under a qualified allocation plan for the low-income housing tax credit program that a proposed development satisfy certain criteria relating to educational quality.
Texas Action remains neutral on HB 1215 because it does not affect our liberty principles. Without commenting on the underlying program itself, we note that it is within the proper scope of legislative authority to set the qualifying requirements for programs it creates.