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Texas Statutes (Last Updated: January 4, 2014) |
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LOCAL GOVERNMENT CODE |
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Title 12. PLANNING AND DEVELOPMENT |
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Subtitle A. MUNICIPAL PLANNING AND DEVELOPMENT |
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Chapter 373A. HOMESTEAD PRESERVATION DISTRICTS AND REINVESTMENT ZONES |
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Subchapter B. GENERAL POWERS AND DUTIES |
Sec. 373A.052. ELIGIBILITY FOR DESIGNATION
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(a) To be designated as a district within a municipality described by Section 373A.003(a) under this subchapter, an area must be composed of census tracts forming a spatially compact area contiguous to a central business district and with:
(1) fewer than 25,000 residents;
(2) fewer than 8,000 households;
(3) a number of owner-occupied households that does not exceed 50 percent of the total households in the area;
(4) housing stock at least 55 percent of which was built at least 45 years ago;
(5) an unemployment rate that is greater than 10 percent;
(6) an overall poverty rate that is at least two times the poverty rate for the entire municipality; and
(7) in each census tract within the area, a median family income that is less than 60 percent of the median family income for the entire municipality.
(b) To be designated as a district within a municipality described by Section 373A.003(b) under this subchapter, an area must be composed of census tracts forming a spatially compact area contiguous to a central business district and with:
(1) fewer than 75,000 residents;
(2) a median family income that is less than $30,000 according to the last decennial census; and
(3) an overall poverty rate that is at least two times the poverty rate for the entire municipality.
(c) An area that is designated as a district under this subchapter may retain its designation as a district regardless of whether the area continues to meet the eligibility criteria provided by this section, except that an area that does not elect to retain its designation as permitted by this subsection must meet all eligibility criteria to be considered for subsequent redesignation as a district.