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Texas Government Code - GOV'T § 2306.148. Underwriting Standards

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The board shall have the specific duty and power to adopt underwriting standards for:

(1) loans made or financed by the housing finance division;  and

(2) housing tax credits allocated by the department.

(b) Underwriting standards adopted under Subsection (a)(2) and used to determine the feasibility of a proposed development must be consistent with criteria established under Section 2306.185.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2306.148. Underwriting Standards - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2306-148/

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