(a) The corporation shall review the needs assessment information provided to the corporation by the department under § 2306.0722(b).
(b) The corporation shall develop a plan to meet the state’s most pressing housing needs identified in the needs assessment information and provide the plan to the department for incorporation into the state low income housing plan.

Terms Used In Texas Government Code 2306.566

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

(c) The corporation’s plan must include specific proposals to help serve rural and other underserved areas of the state.