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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) To allocate housing funds under Section 2306.111(d), the department shall develop a formula that:
(1) includes as a factor the need for housing assistance and the availability of housing resources in an urban area or rural area;
(2) provides for allocations that are consistent with applicable federal and state requirements and limitations; and
(3) includes other factors determined by the department to be relevant to the equitable distribution of housing funds under Section 2306.111(d).
(b) The department shall use information contained in its annual state low income housing plan and other appropriate data to develop the formula under this section.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2306.1115. Regional Allocation Formula - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2306-1115/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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