Texas Government Code 2306.1115 – Regional Allocation Formula
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(a) To allocate housing funds under § 2306.111(d), the department shall develop a formula that:
(1) includes as a factor the need for housing assistance and the availability of housing resources in an urban area or rural area;
(2) provides for allocations that are consistent with applicable federal and state requirements and limitations; and
(3) includes other factors determined by the department to be relevant to the equitable distribution of housing funds under § 2306.111(d).
(b) The department shall use information contained in its annual state low income housing plan and other appropriate data to develop the formula under this section.
Terms Used In Texas Government Code 2306.1115
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts