Texas § 2306.221 HOUSING DEVELOPMENT LOANS.

Texas Statutes

§ 2306.221 — HOUSING DEVELOPMENT LOANS.

Texas § 2306.221

Code GVGovernment Code

This text of Texas § 2306.221 (HOUSING DEVELOPMENT LOANS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2306.221 (2026).

Text

Sec. 2306.221. HOUSING DEVELOPMENT LOANS. To finance the purchase, construction, remodeling, improvement, or rehabilitation of housing developments for residential housing designed and planned for individuals and families of low and very low income and families of moderate income, the department, on the terms and conditions stated in this chapter, may:

(1)make, commit to make, and participate in the making of mortgage loans, including federally insured loans to housing sponsors; and

(2)make temporary loans and advances in anticipation of permanent mortgage loans.

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Sec. 2306.221. HOUSING DEVELOPMENT LOANS. To finance the purchase, construction, remodeling, improvement, or rehabilitation of housing developments for residential housing designed and planned for individuals and families of low and very low income and families of moderate income, the department, on the terms and conditions stated in this chapter, may:
(1) make, commit to make, and participate in the making of mortgage loans, including federally insured loans to housing sponsors; and
(2) make temporary loans and advances in anticipation of permanent mortgage loans.