Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 234 establishes the Workforce Housing Program under the Texas Department of Housing and Community Affairs to provide low-interest mezzanine loans for constructing or rehabilitating workforce housing developments. It mandates income-based affordability requirements for housing units and sets rules for loan allocation and repayment. The bill creates a Workforce Housing Fund to manage program financing and prioritizes developments with higher affordability and lower income requirements.
Author (1)
