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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 10. GENERAL GOVERNMENT |
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Subtitle G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS |
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Chapter 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS |
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Subchapter DD. LOW INCOME HOUSING TAX CREDIT PROGRAM |
Sec. 2306.6721. DEBARMENT FROM PROGRAM PARTICIPATION
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(a) The board by rule shall adopt a policy providing for the debarment of a person from participation in the low income housing tax credit program as described by this section.
(b) The department may debar a person from participation in the program on the basis of the person's past failure to comply with any condition imposed by the department in connection with the allocation of housing tax credits.
(c) The department shall debar a person from participation in the program if the person:
(1) materially violates any condition imposed by the department in connection with the allocation of housing tax credits;
(2) is debarred from participation in federal housing programs by the United States Department of Housing and Urban Development; or
(3) is in material noncompliance with or has repeatedly violated a land use restriction agreement regarding a development supported with a housing tax credit allocation.
(d) A person debarred by the department from participation in the program may appeal the person's debarment to the board.