The 88th Regular Session (2023) of the Texas Legislature approved HB 2071 (the "Bill"), which revises the way public facility corporations ("PFCs") can be utilized to own and operate affordable housing. Affordable housing is...more
6/20/2023
/ Ad Valorem Tax ,
Affordable Housing ,
Amended Legislation ,
Exemptions ,
For-Profit Corporations ,
Housing Developers ,
Housing Market ,
Jurisdiction ,
Pending Legislation ,
Property Tax ,
Public Housing Authorities ,
Rental Property ,
Sponsors ,
State and Local Government
In 2017 the Texas Legislature passed House Bill 1003, which made the Texas Historic Preservation Tax Credit available to state university systems and other state institutions of higher education. Following this change,...more