Wednesday, May 25, 2011

Affordable Housing for Texas



          Late this afternoon, Representative John V Garza's HB 1576 passed the House for a final vote and now goes to the governor's desk for approval. The bill would require appraisal districts honor any examinations by the IRS for tax exemptions for affordable housing. It basically allows builders to more freely create homes for those in need, without being speculated by two separate entities, this bill will eliminate that redundancy. 

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