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Texas Legislation Would Allow LIHTC Preference for School District Employees

Monday, March 13, 2023 - 10:00AM

Legislation introduced in the Texas Senate would allow an occupancy preference for employees of school districts in which low-income housing tax credit (LIHTC) properties are built. S.B. 2328 would allow teachers and other employees of such school districts to receive preference if all other occupancy requirements are met under state and federal law. It would take effect Sept. 1.

The interaction of state and federal LIHTCs will be a topic at the Novogradac 2023 Affordable Housing Conference, April 27-28 in San Francisco.

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