Establishes a municipal housing authority asset commission for certain large municipalities in Texas.
The bill creates a municipal housing authority asset commission for housing authorities in counties with a population of 800,000 or more on the international border and municipalities with a population of 600,000 or more in those counties. The commission can approve certain actions, such as the acquisition or disposition of assets valued over $100,000. Commission members must meet specific qualifications, such as experience in multifamily housing or legal specialization. Members receive compensation and reimbursement for expenses.
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