Section 1372.0223 - Dedication of Portion of State Ceiling to Certain Issuers of Qualified Mortgage Bonds Until August 7, out of that portion of the state ceiling that is available exclusively for reservations by issuers of qualified mortgage bonds under Section 1372.022:
(1) 10 percent is available exclusively to the Texas State Affordable Housing Corporation for the purpose of issuing qualified mortgage bonds; and(2) 56.66 percent is available exclusively to housing finance corporations for the purpose of issuing qualified mortgage bonds.Tex. Gov't. Code § 1372.0223
Amended By Acts 2007, 80th Leg., R.S., Ch. 544, Sec. 3, eff. 9/1/2007.Amended By Acts 2007, 80th Leg., R.S., Ch. 1108, Sec. 4, eff. 9/1/2007.Added by Acts 2005, 79th Leg., Ch. 674, Sec. 9, eff. 6/17/2005.