SECTION 11.1007. State Housing Tax Credits Underwriting and Loan Policy Associated with Competitive HTC  


Latest version.
  • Requests for State Housing Tax Credits will only be reviewed for items addressed in this subchapter. In requests for State Housing Tax Credits the Total Developer Fee and Developer Fee included in Eligible Basis cannot exceed the Developer Fee amounts in the published Real Estate Analysis report for the Original Application. The Real Estate Analysis Division will publish a memo for the State Housing Tax Credit allocation serving as a supplement to the report for the Original Application.

Source Note: The provisions of this §11.1007 adopted to be effective December 31, 2023, 48 TexReg 7887