Establishes the Housing Texas Fund to support affordable housing and homelessness prevention.

The bill creates the Housing Texas Fund, a special fund in the state treasury administered by the Texas Department of Housing and Community Affairs. The fund will receive money from various sources, including appropriations, transfers, interest, gifts, grants, donations, and other revenue. The Texas Department of Housing and Community Affairs will allocate the fund's annual expenditures, with 90% going to grants for nonprofit developers of affordable housing, 9% to grants for nonprofits proficient in stabilizing homeless individuals and families, and 1% to grants for one-time expenditures to.

Establishes the Housing Texas Fund to support affordable housing and homelessness prevention.

The bill creates the Housing Texas Fund, a special fund in the state treasury administered by the Texas Department of Housing and Community Affairs. The fund will receive money from various sources, including appropriations, transfers, interest, gifts, grants, donations, and other revenue. The Texas Department of Housing and Community Affairs will allocate the fund's annual expenditures, with 90% going to grants for nonprofit developers of affordable housing, 9% to grants for nonprofits proficient in stabilizing homeless individuals and families, and 1% to grants for one-time expenditures to.