Texas HB4045 amends the allocation of low income housing tax credits for applications submitted after September 1, 2025.

Texas HB4045 modifies the allocation of low income housing tax credits for applications submitted to the Texas Department of Housing and Community Affairs. The bill applies to applications based on the 2026 qualified allocation plan or later. It changes the scoring system for applications by awarding points based on resolutions: positive points for supportive resolutions, negative points for opposing resolutions, and zero points for neutral resolutions. If no statement is received or the statement is neutral, the department will use the maximum possible points.

Texas HB4045 amends the allocation of low income housing tax credits for applications submitted after September 1, 2025.

Texas HB4045 modifies the allocation of low income housing tax credits for applications submitted to the Texas Department of Housing and Community Affairs. The bill applies to applications based on the 2026 qualified allocation plan or later. It changes the scoring system for applications by awarding points based on resolutions: positive points for supportive resolutions, negative points for opposing resolutions, and zero points for neutral resolutions. If no statement is received or the statement is neutral, the department will use the maximum possible points.