Texas House Bill HB2629

Texas 2009 - 81st Regular

Caption

Relating to incentives in the low income housing tax credit program to reward applicants who agree to use energy-saving devices and energy conservation measures in a project.

Impact

The legislation is expected to positively influence state laws regarding energy efficiency in low income housing. By incorporating energy-saving measures—such as solar water heaters, energy-efficient windows, and rainwater harvesting systems—the bill aims to not only improve energy conservation but also ensure a healthier living environment for residents. This initiative aligns with broader state priorities in addressing energy usage and sustainability within housing developments.

Summary

House Bill 2629 seeks to enhance the low income housing tax credit program by introducing incentives for applicants who commit to implementing energy-saving devices and conservation measures in their projects. The bill mandates that the Texas Department of Housing and Community Affairs provide rewards to applicants meeting specific energy conservation criteria, thereby promoting environmentally sustainable practices in affordable housing developments.

Contention

Notably, discussions surrounding the bill might include debates on the balance between incentivizing energy conservation and potential increases in project costs. Critics may argue that while sustainability is important, the additional requirements for energy-saving measures could be a deterrent for some developers, thus affecting the overall availability of low income housing. Additionally, the bill's effectiveness will depend on the successful implementation of these incentives by the relevant state authorities and their ability to attract developers into adopting these measures.