Sec. 379D.005. QUALIFIED PARTICIPATING DEVELOPER

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To qualify to participate in an urban land bank program, a developer must:
(1) have built three or more housing units within the three-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 urban land bank plan.

Added by Acts 2005, 79th Leg., Ch. 795 , Sec. 1, eff. September 1, 2005.

                    
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