The department may acquire title to any project by foreclosure if necessary to protect a housing rehabilitation loan made for the project by the department and to pay the costs arising from the foreclosure.
Tex. Gov't Code § 2304.077
ACQUISITION OF PROPERTY TO PROTECT LOAN
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
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.