Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate committee adopts narrow waiver to housing tax-credit distance rule for commercial corridors
Summary
The Committee on Local Government adopted a committee substitute to Senate Bill 19-44 that would let TDHCA waive its 2-mile/1-year rule for housing tax credits on narrowly defined commercial corridors.
The Committee on Local Government adopted a committee substitute to Senate Bill 19-44 that would let the Texas Department of Housing and Community Affairs (TDHCA) waive its 2-mile/1-year restriction for housing tax-credit awards in narrowly defined commercial corridors.
Senator Eckhart, who led the committee discussion, said the substitute keeps the waiver narrowly tailored to “high opportunity areas” and adds three limits: the development must be in a commercial zone, have no deed…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
