Texas HB2132 amends the allocation of low income housing tax credits to ensure fairness in scoring criteria for projects reserved for elderly persons.

Texas HB2132 modifies the allocation of low income housing tax credits, ensuring that the Texas Department of Housing and Community Affairs does not award points in a way that is disproportionate to the degree a project complies with scoring criteria. The bill also prohibits awarding different points to projects reserved for elderly persons compared to those for the general population if both projects meet the criteria to the same degree. The changes apply to applications submitted during the 2026 qualified allocation plan or later. This Act takes effect September 1, 2025.

Texas HB2132 amends the allocation of low income housing tax credits to ensure fairness in scoring criteria for projects reserved for elderly persons.

Texas HB2132 modifies the allocation of low income housing tax credits, ensuring that the Texas Department of Housing and Community Affairs does not award points in a way that is disproportionate to the degree a project complies with scoring criteria. The bill also prohibits awarding different points to projects reserved for elderly persons compared to those for the general population if both projects meet the criteria to the same degree. The changes apply to applications submitted during the 2026 qualified allocation plan or later. This Act takes effect September 1, 2025.