tx-June192026-32: 10 TAC §§27.1 - 27.9 (New) — Texas First Time Homebuyer Program Rule
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The Texas Department of Housing and Community Affairs (the Department) proposes new 10 TAC Chapter 27, Texas First Time Homebuyer Program and Taxable Mortgage Program Rules. The purpose of the new chapter is to retitle the chapter and now incorporate the Taxable Mortgage Program (TMP) into the rules, previously found in Chapter 28. Under separate action Chapter 28 is being proposed for repeal as its rules will now be covered in this Chapter. Tex. Gov't Code §2001.0045(b) does not apply to the rules being adopted, because it meets the exceptions described under items (c)(4) and (9) of that section. The rules relate to a program through which the Department accesses federal bond authority to provide affordable housing opportunities to low income Texans under Treasury Regulations §143. The rules also ensure compliance with Tex. Gov't Code, Subchapter MM, Texas First-Time Homebuyer Program. Even though excepted, it should be noted that no costs are associated with this action that would have prompted a need to be offset. The Department has analyzed this rulemaking and the analysis is described below for each category of analysis performed. a. GOVERNMENT GROWTH IMPACT STATEMENT...
The agency’s own summary, as published.
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