Sec. 2306.6719. MONITORING OF COMPLIANCE

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(a) The department may contract with an independent third party to monitor a development during its construction or rehabilitation and during its operation for compliance with:
(1) any conditions imposed by the department in connection with the allocation of housing tax credits to the development; and
(2) appropriate state and federal laws, as required by other state law or by the board.
(b) The department may assign department staff other than housing tax credit division staff to perform the relevant monitoring functions required by this section in the construction or rehabilitation phase of a development.

Added by Acts 2001, 77th Leg., ch. 1367, Sec. 8.01, eff. Sept. 1, 2001.

                    
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