By: Rodriguez H.B. No. 3254
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to low income housing tax credits awarded to supportive
  housing developments
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2306.6711, Government Code, is amended
  by adding Subsection (d-5) to read as follows:
         (d-5)  In allocating low income housing tax credit
  commitments under Subchapter DD, the department shall, before
  applying the regional allocation formula prescribed by Section
  2306.1115, set aside for supportive housing developments, as
  defined by Section 2306.67141, not less than the minimum amount of
  housing tax credits required under Section 2306.67141:
         SECTION 2.  Subchapter DD, Chapter 2306, Government Code, is
  amended by adding Section 2306.67141 to read as follows:
         Sec. 2306.67141.  SUPPORTIVE HOUSING DEVELOPMENT SET-ASIDE.  
  (a)  In this section "Supportive Housing Development" means a
  residential rental development that is intended for occupancy by
  households in need of specialized and specific non-medical services
  in order to maintain independent living that:
               (1)  meets the definition of "supportive housing"
  adopted by the department under the qualified allocation plan; and
               (2)  meets the criteria for supportive housing eligible
  for the low income housing tax credit program as determined by the
  department.
         (b)  The department shall set aside for eligible supportive
  housing developments not less than 5 percent of the housing tax
  credits available for allocation in the calendar year.
         (c)  The department may not allocate to an individual
  development more than $1 million in a single application round.
         (d)  Any amount of housing tax credits set aside under this
  section that remains after the initial allocation of housing tax
  credits is available for allocation to any eligible applicant as
  provided by the
  qualified allocation plan.
         SECTION 3.  The changes in law made by this Act apply only to
  an application for low income housing tax credits that is submitted
  on or after the effective date of this Act. An application for low
  income housing tax credits that is submitted before the effective
  date of this Act is governed by the law in effect when the
  application was submitted, and the former law is continued in
  effect for that purpose.
         SECTION 4.  This Act takes effect September 1, 2019.