Sec. 2306.67055. MARKET ANALYSIS. (a) A market analysis submitted in conjunction with an application for housing tax credits must:
(1) be prepared by a market analyst approved by the department; and
(2) include an assessment of other developments that are supported by housing tax credits within the market area.
(b) The department, through the qualified allocation plan, shall develop:
(1) a process for approving market analysts; and
(2) a methodology for determining the market area to be examined in a market analysis.
Added by Acts 2003, 78th Leg., ch. 330, Sec. 21, eff. Sept. 1, 2003.
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