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Texas Local Government Code - LOC GOV'T § 379E.004. Urban Land Bank Program

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

(a) The governing body of a municipality may adopt an urban land bank program in which the officer charged with selling real property ordered sold pursuant to foreclosure of a tax lien may sell certain eligible real property by private sale for purposes of affordable housing development as provided by this chapter.

(b) The governing body of a municipality that adopts an urban land bank program shall establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property under this chapter.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 379E.004. Urban Land Bank Program - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-379e-004/

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