Sections 2306.261 through 2306.271 do not apply to a housing development:
- (1) for which individuals or families of low and very low income or families of moderate income receive a mortgage loan under this chapter; and
- (2) that initially is intended for occupancy by those individuals or families.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.