TO: | Honorable Eddie Lucio, Jr., Chair, Senate Committee on International Relations and Trade |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | SB1077 by Shapleigh (Relating to the provision of assistance to colonias and colonia residents in certain areas of the state.), As Introduced |
The bill would require the Department of Housing and Community Affairs (TDHCA) to provide loans to eligible individuals and families by using not more than $2 million from the Community Development Block Grants (CDBG) colonia set-aside fund. TDHCA would be required by rule to adopt program guidelines and loan application procedures not later than
Based on the analysis of the TDHCA, it is assumed duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
The bill takes effect September 1, 2003.
Source Agencies: | 332 Department of Housing and Community Affairs, 357 Office of Rural Community Affairs
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LBB Staff: | JK, EB, RT, DE
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