SRC-JLB C.S.H.B. 2308 78(R)BILL ANALYSIS


Senate Research CenterC.S.H.B. 2308
78R16916 QS-DBy: Jones, Jesse (West, Royce)
Intergovernmental Relations
5/21/2003
Committee Report (Substituted)


DIGEST AND PURPOSE 

Currently, there are no restrictions preventing multiple affordable
housing developments within the same neighborhood.  C.S.H.B. 2308
authorizes the governing board of the Texas Department of Housing and
Community Affairs (TDHCA) to allocate housing tax credits to more than one
development in a single community in the same calendar year only if the
developments are or will be located more than one linear mile apart. 

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to
a state officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 2306.6703, Government Code, as follows:

Sec.  2306.6703.  INELIGIBILITY FOR CONSIDERATION.  (a)  Provides that an
application is ineligible for consideration under the low income housing
tax credit program if certain criteria exists. 

(b)  Provides that Subsection (a) (3) does not apply to a development that
is using certain funds or that is located outside of a metropolitan
statistical area. 
  
SECTION 2.  Amends Section 2306.6711, Government Code, by adding
Subsection (f), to authorize the governing board of the Texas Department
of Housing and Community Affairs (TDHCA) to allocate housing tax credits
to more than one development in a single community, as defined by TDHCA
rule, in the same calendar year only if the developments are or will be
located more than one linear mile apart. 

SECTION 3.  Amends Section 2306.6725(b), Government Code, to require TDHCA
to provide appropriate incentives as determined through the qualified
allocation plan to reward applicants who agree to perform certain acts,
including to locate the development in a census tract in which there are
no other existing developments supported by housing tax credits. 

SECTION 4.  Makes application of this Act prospective.

SECTION 5.  Effective date:  September 1, 2003.