Sec. 2306.67055. MARKET ANALYSIS    


Latest version.
  • (a) A market analysis submitted in conjunction with an application for housing tax credits must:

    (1) be prepared by a market analyst approved by the department; and

    (2) include an assessment of other developments that are supported by housing tax credits within the market area.

    (b) The department, through the qualified allocation plan, shall develop:

    (1) a process for approving market analysts; and

    (2) a methodology for determining the market area to be examined in a market analysis.

Added by Acts 2003, 78th Leg., ch. 330, Sec. 21, eff. Sept. 1, 2003.