Texas Statutes
§ 373B.004 — PURPOSES OF TRUST.
Texas § 373B.004
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 373B.004 (PURPOSES OF TRUST.) 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. Local Government Code Code Ann. § 373B.004 (2026).
Text
Sec. 373B.004. PURPOSES OF TRUST. The purposes of a community land trust are to:
(1)provide affordable housing for low-income and moderate-income residents in the community;
(2)promote resident ownership of housing;
(3)keep housing affordable for future residents; and
(4)capture the value of public investment for long-term community benefit.
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 383 (S.B. 402 ), Sec. 1, eff. January 1, 2012.
Nearby Sections
8
§ 373B.001
DEFINITION.§ 373B.002
CREATION OR DESIGNATION.§ 373B.003
NATURE OF TRUST.§ 373B.004
PURPOSES OF TRUST.§ 373B.005
OWNERSHIP OF LAND AND HOUSING UNITS.§ 373B.007
RELATION TO OTHER LAW.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 373B.004, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/373B.004.