Texas Statutes
§ 2306.225 — RATIO OF LOAN TO DEVELOPMENT COST; AMORTIZATION PERIOD.
Texas § 2306.225
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 2306.225 (RATIO OF LOAN TO DEVELOPMENT COST; AMORTIZATION PERIOD.) 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. § 2306.225 (2026).
Text
Sec. 2306.225. RATIO OF LOAN TO DEVELOPMENT COST; AMORTIZATION PERIOD.
(a)Except as provided by Subsection (b), the ratio of loan to total housing development cost and the amortization period of a loan insured or guaranteed by the federal government is governed by the federal government mortgage insurance commitment or federal guarantee for each housing development.
(b)The amortization period for a loan may not exceed 40 years.
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Legislative History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Nearby Sections
15
§ 2306.001
PURPOSES.§ 2306.002
POLICY.§ 2306.003
PUBLIC PURPOSE.§ 2306.004
DEFINITIONS.§ 2306.005
REFERENCES TO FORMER LAW.§ 2306.006
RULES OF ABOLISHED AGENCIES.§ 2306.008
PRESERVATION OF AFFORDABLE HOUSING.§ 2306.022
APPLICATION OF SUNSET ACT.§ 2306.025
TERMS OF BOARD MEMBERS.§ 2306.027
ELIGIBILITY.§ 2306.028
TRAINING.§ 2306.030
PRESIDING OFFICER; OTHER OFFICERS.§ 2306.031
MEMBERS' COMPENSATION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 2306.225, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/2306.225.