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Presentation, discussion, and possible action on an order adopting amendments to 10 Texas Administrative Code Chapter 10, Uniform Multifamily Rules, Subchapter I, Public Facility Corporation Compliance Monitoring ?10.1103 Reporting Requirements and directing it will be published for adoption in the Texas Register
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RECOMMENDED ACTION
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WHEREAS, pursuant to Tex. Gov't Code ?2306.053, the Texas Department of Housing and Community Affairs (the Department) is authorized to adopt rules governing the administration of the Department and its programs;
WHEREAS, staff recommends to the Board that there is a continuing need for the rule to exist, which will ensure compliance with HB 2071 (88th Regular Legislature), that will ensure that Developments owned by Public Facility Corporations (PFC) are required to submit an Annual Audit Report to the Department in accordance with the provisions of HB 2071;
WHEREAS, at the meeting of July 25, 2024, the Board approved for publication and public comment in the Texas Register the proposed amendment of 10 TAC Chapter 10 Subchapter I concerning the Public Facilities Corporation Compliance Monitoring Rule;
WHERAS, public comment was accepted from August 9, 2024, through September 9, 2024, and staff received comment from twenty-four entities and has prepared a reasoned response; and
WHEREAS, the adoption of this amendment will be published in the Texas Register;
NOW, therefore, it is hereby
RESOLVED, that the Executive Director and his designees, be and each of them hereby are authorized, empowered, and directed, for and on behalf of the Department to cause the adopted amendments of 10 TAC Chapter 10, Subchapter I, the Public Facilities Corporation Compliance Monitoring Rule in the form presented to this meeting, to be published in the Texas Register and in connection therewith, make such non-substantive technical corrections as they may deem necessary to effectuate the foregoing, including the preparation of th...
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