Bill Text: TX HB3570 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to the allocation of low income housing tax credits.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-03-30 - Referred to Urban Affairs [HB3570 Detail]
Download: Texas-2017-HB3570-Introduced.html
By: Collier | H.B. No. 3570 |
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relating to the allocation of low income housing tax credits. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2306.6710(a), Government Code, is | ||
amended by adding section 2306.6710(a)(1) to read as follows: | ||
(1) if a proposed affordable housing development is in the | ||
primary attendance zone for an elementary, middle, or high school | ||
that has not, at the time of application, achieved Educational | ||
Quality which shall be defined by the Department as having a D or | ||
better rating under the system administered by the Texas Education | ||
Agency (“Educational Quality”), an application will not be deemed | ||
ineligible for an award based on that characteristic if the school | ||
district certifies that: | ||
(A) the school will achieve a D or better rating within | ||
three years of the date of application; or | ||
(B) the overall academic environment for the school is | ||
to be enhanced by a Turnaround Plan pursuant to Section 39.107 of | ||
the Texas Education Code; or | ||
(C) the district will institute a shift to a K-8 | ||
structure to serve that same attendance zone within three years of | ||
the date of application; or | ||
(D) the district will implement extended day pre-K to | ||
serve that same attendance zone within three years of the date of | ||
the application; or | ||
(E) residents have the option of attending an | ||
elementary, middle, or high school of their choice within the same | ||
district that has a D or better rating. | ||
SECTION 2. The change in law made by this Act applies only | ||
to an application for low income housing tax credits that is | ||
submitted to the Texas Department of Housing and Community Affairs | ||
during an application cycle that is based on the 2018 qualified | ||
allocation plan or a subsequent plan adopted by the governing board | ||
of the department under Section 2306.67022, Government Code. An | ||
application that is submitted during an application cycle that is | ||
based on an earlier qualified allocation plan is governed by the law | ||
in effect on the date the application cycle began, and the former | ||
law is continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2017. | ||
Section 2306.6710(b), Government Code, is amended by adding the | ||
following to the end of section 2306.6710(a)to read as follows: | ||
Educational Quality may be considered by the Department in | ||
threshold criteria but shall not be considered by the Department | ||
under Section 2306.6710(b). | ||