SB542 — Relating to the allocation of housing tax credits to developments within proximate geographical areas.

SB542 — Relating to the allocation of housing tax credits to developments within proximate geographical areas. · Informed CitizenrySB 542 amends the Government Code to modify the rules for allocating housing tax credits to multiple developments within a single community in the same calendar year. The bill allows the board to a…Open in Informed Citizenry