DEPARTMENT APPROVAL
Known as the Texas Housing Rehabilitation Act
The act spans §§ 2304.001 to 2304.104 (45 sections).
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff
The department may not approve a housing rehabilitation loan unless it finds that:
(1) the benefit to an area designated under Section 2304.041 will exceed the financial commitment of the department; and
(2) the approval of the loan will be of benefit to the state and its taxpayers.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.