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Texas Government Code - GOV'T § 2306.6740. Designation of Certain Areas as Rural

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

(a) The department by rule shall provide for the designation by the department of an area located within the boundaries of a primary metropolitan statistical area or a metropolitan statistical area as a rural area under Section 2306.6702(a)(12)(B) for purposes of receiving housing tax credits administered by the department under this subchapter.

(b) Rules adopted under this section must:

(1) provide procedures by which a political subdivision or a census-designated place may apply for a rural designation;

(2) provide guidelines for designating an area as rural, including specifying:

(A) conditions under which a rural designation is not appropriate, including the proximity of the area to or the presence of major amenities commonly associated with urban or suburban areas; and

(B) conditions under which a rural designation is appropriate, including areas with low population density, the proximity of the area to or the absence of major amenities commonly associated with urban or suburban areas, a high level of undeveloped land, a significant presence of unimproved roads, or significant agricultural activity; and

(3) ensure that any housing tax credits allocated to a designated rural area comply with applicable federal requirements regarding that assistance.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2306.6740. Designation of Certain Areas as Rural - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2306-6740/

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