Tex. Local Gov't Code Section 379E.004
Urban Land Bank Program

(a)

The governing body of a municipality may adopt an urban land bank program in which the officer charged with selling real property ordered sold pursuant to foreclosure of a tax lien may sell certain eligible real property by private sale for purposes of affordable housing development as provided by this chapter.

(b)

The governing body of a municipality that adopts an urban land bank program shall establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property under this chapter.

Added by Acts 2007, 80th Leg., R.S., Ch. 1034 (H.B. 1742), Sec. 12, eff. September 1, 2007.

Added by Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908), Sec. 33, eff. September 1, 2007.

Source: Section 379E.004 — Urban Land Bank Program, https://statutes.capitol.texas.gov/Docs/LG/htm/LG.379E.htm#379E.004 (accessed Jun. 5, 2024).

379E.001
Short Title 379E.002
Applicability 379E.003
Definitions 379E.004
Urban Land Bank Program 379E.005
Qualified Participating Developer 379E.006
Urban Land Bank Plan 379E.007
Public Hearing on Proposed Plan 379E.008
Private Sale to Land Bank 379E.009
Subsequent Resale by Land Bank 379E.010
Restrictions on Occupancy and Use of Property 379E.011
Right of First Refusal 379E.012
Open Records and Meetings 379E.013
Records

Up to date

Accessed:
Jun. 5, 2024

§ 379E.004’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._local_gov't_code_section_379e.004

Original Source: Section 379E.004 — Urban Land Bank Program, https://statutes.capitol.texas.gov/Docs/LG/htm/LG.379E.htm#379E.004 (last accessed Jun. 5, 2024).

Tex. Local Gov't Code Section 379E.004 Urban Land Bank Program

(a)

(b)

Tex. Local Gov't Code Section 379E.004
Urban Land Bank Program