title
Presentation, discussion, and possible action on the proposed repeal of 10 TAC Chapter 13, the Multifamily Direct Loan Rule, proposed new 10 TAC Chapter 13, Multifamily Direct Loan Rule, and directing their publication for public comment in the Texas Register
end
RECOMMENDED ACTION
recommendation
WHEREAS, the Texas Department of Housing and Community Affairs (the Department) is authorized to administer Direct Loan Program Funds pursuant to Tex. Gov't Code Ch. 2306, Subchapter I, Housing Finance Division: General Provisions;
WHEREAS, the Department plans to administer the fund sources used in making these awards of loans and grants in a specific manner that necessitates this Multifamily Direct Loan Rule;
WHEREAS, pursuant to Tex. Gov't Code ?2306.053 the Department is authorized to adopt rules governing the administration of the Department and its programs;
WHEREAS, such proposed rulemaking will be published for public comment in compliance with the State Administrative Procedures Act in the Texas Register from January 30, 2026, through March 3, 2026, and subsequently returned to the Board for final adoption; and
WHEREAS, public comment, for purposes of the Citizen Participation Plan requirements in 24 CFR ?91.105, will be accepted between January 30, 2026, through March 3, 2026;
NOW, therefore, it is hereby
RESOLVED, that the proposed repeal of 10 TAC Chapter 13, and proposed new 10 TAC Chapter 13, Multifamily Direct Loan Rule, together with the preambles presented to this meeting, are hereby approved for publication in the Texas Register for public comment; and
FURTHER RESOLVED, that the Executive Director and his designees be and each of them are hereby authorized, empowered, and directed, for and on behalf of the Department, to cause the proposed repeal and proposed new Multifamily Direct Loan Rules, together with the changes, if any, made at this meeting and the preambles, in the form presented to this meeting, to be published in the Texas Register f...
Click here for full text