State lawmakers are scrutinizing a program that offers full property tax exemptions in exchange for designating some units for low- or moderate-income residents, with more than 100 Texas House members now backing a reform bill that has stalled in committee.
Rep. Gary Gates (R-Richmond) has proposed reforms to Housing Finance Corporations (HFC) that include more stringent requirements for properties awarded the tax exemptions and mandating compliance audits in his House Bill (HB) 21.
