# 10 Tex. Admin. Code § 10.400: 10 TAC § 10.400. Purpose

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P1_C10_S10_400

## Section

- **Citation:** 10 Tex. Admin. Code § 10.400
- **Heading:** 10 TAC § 10.400. Purpose
- **Jurisdiction:** Texas
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Texas Administrative Code / Title 10 COMMUNITY DEVELOPMENT / Part 1 TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS / Chapter 10 UNIFORM MULTIFAMILY RULES / 10 TAC § 10.400

## Text

(a) The purpose of this subchapter is to establish
 the requirements governing the post award and asset management activities
 associated with awards of multifamily Development assistance pursuant
 to Tex. Gov't Code, Chapter 2306 and its regulation of multifamily
 funding provided through the Texas Department of Housing and Community
 Affairs (the "Department") as authorized by the legislature. This
 subchapter is designed to ensure that Developers and Development Owners
 of low-income Developments that are financed or otherwise funded through
 the Department maintain safe, decent and affordable housing for the
 term of the affordability period. Therefore, unless otherwise indicated
 in the specific section of this subchapter, any uncorrected issues
 of noncompliance outside of the corrective action period or outstanding
 fees (related to the Development subject to the request) owed to the
 Department must be resolved to the satisfaction of the Department
 before a request for any post award activity described in this subchapter
 will be acted upon. Non-compliance issues that cannot be corrected
 will be taken into account and will be reviewed by Asset Management
 staff to determine if additional action is required by the Development
 Owner.
(b) The capitalized terms in this subchapter shall
 have the meaning as defined in this title in Chapter 1 relating to
 Administration, Chapter 2 relating to Enforcement, Chapter 10 relating
 to Uniform Multifamily Rules, Chapter 11 relating to the Qualified
 Action Plan (QAP), Chapter 12 relating to the Multifamily Housing
 Revenue Bond Rules, Chapter 13 relating to the Multifamily Direct
 Loan Rule, Tex. Gov't Code Chapter 2306, Internal Revenue Code (the
 Code) §42, the HOME Final Rule, the NHTF Interim Rule, and other
 federal or Department rules, as applicable.

## Nearby sections

- [10 Tex. Admin. Code § 10.400 10 TAC § 10.400. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P1_C10_S10_400.md)
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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P1_C10_S10_400. Check the current official text before relying on it. Not legal advice.