City of dallas urban land bank demonstration program

The bill amends the Local Government Code to change the definition of "low income household" for the Urban Land Bank Demonstration Program as a household with a gross income of not greater than percent, rather than 80 percent, of the adjusted area median family income.

The bill provides that property that is ordered sold pursuant to foreclosure of a tax lien may be sold in a private sale to a land bank by the officer charged with the sale of the property without first offering the property for sale as otherwise provided by statute if there are delinquent taxes on the property for a total of at least five, rather than six, years.

The bill also provides that such a sale may take place if the property is not improved with certain habitable or uninhabitable buildings. The bill reduces the period during which the right of first refusal may be exercised by a qualified organization to six months, rather than between nine and twenty-six months. The bill amends the Tax Code to include the function of acquiring, holding, and transferring unimproved real property, used exclusively by the qualified charitable organization to perform that function, under a urban land bank demonstration program as or on behalf of a land bank, as one of the charitable functions that a charitable organization must be engage exclusively in performing.

The substitute adds land banks to existing statutes that protect political subdivisions from responsibility for solid waste releases under certain circumstances. The substitute adds uninhabitable building or buildings that are occupied as a residence by an owner or tenant who is legally entitled to occupy the building or buildings to Section C. DCH Body. Page Content.

Its purposes are to: Provide safe, affordable housing facilities for the benefit of low and moderate-income persons, as determined by the City Promote local economic development and stimulate business and commercial activity through enhanced market availability in the City of Dallas by the development of new, mixed income single family housing Increase the supply of new affordable housing for working individuals and families to attract and retain economic growth.

Land Bank Inventory - At this time the Urban Land Bank Demonstration Program does not have any property for sale, please visit the Land Transfer Program for city-held property available for sale for the development of affordable housing.

Land Bank Annual Plan - The Land Bank Annual plan identifies the parcels of property that are eligible for sale to the Land Bank along with the Land Bank's acquisition and affordable housing development strategies.

Application Evaluation a. Two separate flash drives b. Incomplete Application 1. Return to developer will not be scored b. Complete Application 1. Review within 45 Days 4. Acts , 83rd Leg. September 1, A meets the definition of a community housing development organization in 24 C.

Section B is certified by the municipality as a community housing development organization. Acts , 80th Leg. Acts , 84th Leg.