Texas § GV.2306.67071 - ADDITIONAL APPLICATION REQUIREMENT

§ GV.2306.67071. ADDITIONAL APPLICATION REQUIREMENT

ADDITIONAL APPLICATION REQUIREMENT: NOTICE, HEARING, AND RESOLUTION BY CERTAIN GOVERNING BODIES. (a) Before submitting to the department an application for housing tax credits for developments financed through the private activity bond program, including private activity bonds issued by the department, the Texas State Affordable Housing Corporation, or a local issuer, an applicant must provide notice of the intent to file the application to: (1) the governing body of a municipality in which the proposed development site is to be located; (2) subject to Subdivision (3), the commissioners court of a county in which the proposed development site is to be located, if the proposed site is to be located in an area of a county that is not part of a municipality; or (3) the commissioners court of a county in which the proposed development site is to be located and the governing body of the applicable municipality, if the proposed site is to be located in the extraterritorial jurisdiction of a municipality. (b) A county or municipality, as applicable, shall hold a hearing at which public comment may be made on the application. (c) The board may not approve an application for housing tax credits for developments financed through the private activity bond program unless the applicant has submitted to the department a certified copy of a resolution from each applicable governing body described by Subsection (a). The resolution must certify that: (1) notice has been provided to each governing body as required by Subsection (a); (2) each governing body has had sufficient opportunity to obtain a response from the applicant regarding any questions or concerns about the proposed development; (3) each governing body has held a hearing under Subsection (b); and (4) after due consideration of the information provided by the applicant and public comment, the governing body does not object to the proposed application. (d) The department by rule may provide for the time and manner of the submission to the department of a resolution required by Subsection (c). Added by Acts 2013, 83rd Leg., R.S., Ch. 1079 (H.B. 3361 ), Sec. 2.02, eff. September 1, 2013.