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 E. HOMESTEAD LAND BANK PROGRAM |
Sec. 373A.205. QUALIFIED PARTICIPATING DEVELOPER
Latest version.
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To qualify to participate in a homestead land bank program, a developer must:
(1) have developed three or more housing units within the 10-year period preceding the submission of a proposal to the land bank seeking to acquire real property from the land bank;
(2) have a development plan approved by the municipality for the land bank property; and
(3) meet any other requirements adopted by the municipality in the homestead land bank plan.
Added by Acts 2005, 79th Leg., Ch. 495 , Sec. 1, eff. September 1, 2005.