Section 29.2 - DefinitionsThe following words and terms, when used in this chapter, shall have the following meanings unless the context or the Notice of Funding Availability ("NOFA") indicates otherwise. Lack of capitalization of a term or word in this chapter does not indicate that the term is undefined. Other definitions may be found in Tex. Gov''t Code, Chapter 2306; Chapter 1 of this title (relating to Administration); and Chapter 20 of this title (relating to Single Family Programs Umbrella Rule).
(1) Developer--A nonprofit entity that receives Texas SFNSP assistance for the purpose of: (A) Acquiring homes and residential properties to rehabilitate for residential purposes; and(B) Constructing new housing in connection with the redevelopment of demolished or vacant properties.(2) Expended--For the purposes of contract milestones and thresholds, "Expended" means that a complete draw request is submitted with adequate back-up documentation; it is not necessary for staff to have processed a draw to meet a benchmark. For all other purposes, "Expended" means that an eligible cost was incurred and staff has processed a draw to reimburse the expense with Texas SFNSP funds.(3) Land Bank--A governmental or nongovernmental nonprofit organization established, at least in part, to assemble, temporarily manage and dispose of vacant land for the purposes of stabilizing neighborhoods and encouraging re-use or redevelopment of urban property.(4) Obligated--When Texas SFNSP funding has been encumbered through contracts for goods, services or acquisition of property, or other forms of similar transactions requiring payment that have been determined by the Department to meet Texas SFNSP requirements.(5) Subgrantee--A Subrecipient or a Developer.(6) Subrecipient--Units of General Local Government and nonprofit organizations with whom the Department contracts and provides funding in order to undertake activities eligible for such assistance.(7) Texas SFNSP--Texas Single Family Neighborhood Stabilization Program.10 Tex. Admin. Code § 29.2
The provisions of this §29.2 adopted to be effective November 1, 2012, 37 TexReg 8504; Adopted by Texas Register, Volume 43, Number 51, December 21, 2018, TexReg 8427, eff. 12/30/2018