Texas HB1466 mandates annual reports on multifamily residential developments receiving specific benefits to the Texas Department of Housing and.

Texas HB1466 requires political subdivisions to submit annual reports to the Texas Department of Housing and Community Affairs. These reports must detail multifamily residential developments receiving financial assistance, housing tax credits, or property tax exemptions. Each report must list developments in operation or under construction, along with developer names, appraised values, and benefit terms. The department will maintain a public database of this information and submit an annual report to the legislature. The law takes effect September 1, 2025.

Texas HB1466 mandates annual reports on multifamily residential developments receiving specific benefits to the Texas Department of Housing and.

Texas HB1466 requires political subdivisions to submit annual reports to the Texas Department of Housing and Community Affairs. These reports must detail multifamily residential developments receiving financial assistance, housing tax credits, or property tax exemptions. Each report must list developments in operation or under construction, along with developer names, appraised values, and benefit terms. The department will maintain a public database of this information and submit an annual report to the legislature. The law takes effect September 1, 2025.