Texas § 2306.6729 QUALIFIED NONPROFIT ORGANIZATION.

Texas Statutes

§ 2306.6729 — QUALIFIED NONPROFIT ORGANIZATION.

Texas § 2306.6729

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 2306.6729 (2026).

Text

Sec. 2306.6729. QUALIFIED NONPROFIT ORGANIZATION.

(a)A qualified nonprofit organization may compete in any low income housing tax credit allocation pool, including:

(1)the nonprofit allocation pool;

(2)the rural projects/prison communities allocation pool; and

(3)the general projects allocation pool.

(b)A qualified nonprofit organization submitting an application under this subchapter must have a controlling interest in a project proposed to be financed with a low income housing tax credit from the nonprofit allocation pool.

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Sec. 2306.6729. QUALIFIED NONPROFIT ORGANIZATION. (a) A qualified nonprofit organization may compete in any low income housing tax credit allocation pool, including:
(1) the nonprofit allocation pool;
(2) the rural projects/prison communities allocation pool; and
(3) the general projects allocation pool.
(b) A qualified nonprofit organization submitting an application under this subchapter must have a controlling interest in a project proposed to be financed with a low income housing tax credit from the nonprofit allocation pool.