87R8867 JAM-F
 
  By: Moody H.B. No. 2175
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to certain qualified residential rental assistance
  projects financed by private activity bonds.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1372.002(f), Government Code, is amended
  to read as follows:
         (f)  Notwithstanding Subsection (c), an applicant to which
  this subsection applies may aggregate more than one qualified
  residential rental project into a single, combined project as part
  of the participation of the housing authority for the applicable
  municipality in:
               (1)  the Rental Assistance Demonstration program
  administered by the United States Department of Housing and Urban
  Development, as specified by the Consolidated and Further
  Continuing Appropriations Act of 2012 (Pub. L. No. 112-55) and its
  subsequent amendments, if the combined project is related to the
  municipal housing authority's conversion of public housing units as
  permitted under that program; or
               (2)  another program administered by the United States
  Department of Housing and Urban Development if the combined project
  is related to the purpose of the program.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2021.