Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 12. PLANNING AND DEVELOPMENT |
Subtitle A. MUNICIPAL PLANNING AND DEVELOPMENT |
Chapter 373A. HOMESTEAD PRESERVATION DISTRICTS AND REINVESTMENT ZONES |
Subchapter B. GENERAL POWERS AND DUTIES |
Sec. 373A.054. ADDITIONAL METHODS OF INCREASING THE SUPPLY OF AFFORDABLE HOUSING
Latest version.
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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.
Added by Acts 2005, 79th Leg., Ch. 495 , Sec. 1, eff. September 1, 2005.