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Public Facility Corporation Compliance ‎Monitoring: Texas Department of Housing and ‎Community ‎Affairs Proposes Rules

Texas House Bill 2071 (the “Bill”), which took effect on June 18, 2023 to modify Chapter 303 of the Texas Local Government Code (the “Code”) with respect to the ownership of a multifamily residential development (a...more

Texas Attorney General’s Office Opines ‎on Public Facility Corporations Operating on a Statewide Basis

On March 8, the Texas Office of the Attorney General (the “AG Office”) issued a legal opinion regarding the ability of a public facility corporation (“PFC”) formed by a municipal management district (“MMD”) to acquire...more

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