SB493 — Relating to the allocation of housing tax credits to developments within proximate geographical areas.

SB493 — Relating to the allocation of housing tax credits to developments within proximate geographical areas. · Informed CitizenrySB 493 amends the Government Code to modify the rules for allocating housing tax credits to multiple developments within a single community. Generally, the board may only allocate credits to more t…Open in Informed Citizenry