| (56) Resolution--Formal action by a corporate board
of directors or other corporate body authorizing a particular act,
transaction, or appointment. Resolutions must be in writing and state
the specific action that was approved and adopted, the date the action
was approved and adopted, and the signature of person or persons authorized
to sign resolutions. Resolutions must be approved and adopted in accordance
with the corporate bylaws of the issuing organization.
(57) Reverse Mortgage--A Home Equity Conversion Mortgage
insured by the FHA.
(58) Self-Help--Housing Programs that allow low-income
families to build or rehabilitate their Single Family Housing Units
through their own labor or volunteers.
(59) Service-Area--The geographical area where an Administrator
conducts Activities under a Contract.
(60) Single Family Housing Unit--A residential dwelling
designed and built for a Household to occupy as its primary residence
where single family Program funds are used for rental, acquisition,
construction, reconstruction or rehabilitation Activities of an attached
or detached housing unit, including Manufactured Housing Units after
installation. May be referred to as a single family "home," "housing,"
"property," "structure," or "unit."
(61) State Median Family Income (SMI)--The median income
for the state adjusted for household size and published annually by
the U.S. Department of Housing and Urban Development (HUD).
(62) TAC--Texas Administrative Code.
(63) Texas Housing Trust Fund (Texas HTF)--Funding
source for state-funded Programs authorized under Chapter 2306 of
Tex. Gov't Code.
(64) TMCS--Texas Minimum Construction Standards.
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