TX HB4607

Amends the Texas Government Code to allow housing developments receiving low income housing tax credit allocations to give occupancy preference to teachers and other school district employees where the development is located, as well as members of their households

Requires that any occupancy preference for school district employees must comply with all other state and federal occupancy requirements, consistent with Section 42(g)(9) of the Internal Revenue Code of 1986

Expands the stated purpose of the low income housing tax credit program to explicitly include serving specified groups with difficulty finding suitable, affordable rental housing

Applies only to applications for low income housing tax credits submitted during application cycles based on the 2026 qualified allocation plan or subsequent plans

Takes effect September 1, 2025