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House Bill 2878 |
House Author: Márquez |
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Effective: 9-1-15 |
Senate Sponsor: Rodríguez |
House Bill 2878 amends the Government Code to authorize an applicant created by certain municipal housing authorities in El Paso County for a qualified residential rental project bond to aggregate more than one qualified residential rental project into a single, combined project as part of the applicable housing authority's participation in the Rental Assistance Demonstration program if the combined project is related to the housing authority's conversion of public housing units as permitted under that program. The bill requires a nonrefundable fee to accompany the application for such a combined project and provides for the allocation of a portion of the fee to the Bond Review Board and the Texas Department of Housing and Community Affairs.