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Relating to the system by which an application for a low income
housing tax credit is scored.
HB 1558 would require the department of housing and community affairs to include in their point system used to determine preference of an applicant for a low-income housing tax credit, an application of a development that is or will be located not more than two miles from a veterans hospital and is in a county with a population between 1 and 4 million people.
HB 1558 would amend current law to create a preference of certain tax credits for low-income housing developments located in Garland, TX. Texas Action remains neutral on HB 1558.