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TITLE 10 | COMMUNITY DEVELOPMENT |
PART 1 | TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS |
CHAPTER 23 | SINGLE FAMILY HOME PROGRAM |
SUBCHAPTER D | CONTRACT FOR DEED PROGRAM |
RULE §23.40 | Contract for Deed (CFD) Threshold and Selection Criteria |
Documentation that the Applicant can commit at least $40,000 in cash reserves to facilitate administration of the program and to ensure the capacity to cover costs prior to reimbursement or costs determined to be ineligible for reimbursement. The amount of the cash reserve commitment must be included in the Applicant's resolution. To meet this requirement, Applicants must submit: |
Source Note: The provisions of this §23.40 adopted to be effective March 28, 2024, 49 TexReg1902 |