Sec. 2306.67055.  MARKET ANALYSIS.  (a)  A market analysis submitted in conjunction with an application for housing tax credits must:
(1)  be prepared by a market analyst approved by the department;  and
(2)  include an assessment of other developments that are supported by housing tax credits within the market area.
(b)  The department, through the qualified allocation plan, shall develop:
(1)  a process for approving market analysts;  and
(2)  a methodology for determining the market area to be examined in a market analysis.
Added by Acts 2003, 78th Leg., ch. 330, Sec. 21, eff. Sept. 1, 2003.