Sec. 373A.205. QUALIFIED PARTICIPATING DEVELOPER. To qualify to participate in a homestead land bank program, a developer must:
(1) have developed three or more housing units within the 10-year period preceding the submission of a proposal to the land bank seeking to acquire real property from the land bank;
(2) have a development plan approved by the municipality for the land bank property; and
(3) meet any other requirements adopted by the municipality in the homestead land bank plan.
Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.
Section: Previous 373A.155 373A.157 373A.158 373A.201 373A.202 373A.203 373A.204 373A.205 373A.206 373A.207 373A.208 373A.209 373A.210 373A.211 373A.212 NextLast modified: September 28, 2016