A municipality that designates a district under Section 373A.051 may provide tax-exempt bond financing, offer density bonuses, or provide other incentives to increase the supply of affordable housing and maintain the affordability of existing housing for low-income and moderate-income families.
Tex. Loc. Gov't Code § 373A.054
ADDITIONAL METHODS OF INCREASING THE SUPPLY OF AFFORDABLE HOUSING
Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), 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.