Relating to reports on information regarding certain multifamily residential developments to the Texas Department of Housing and Community Affairs.

HB 1466 requires Texas political subdivisions (like cities or counties) to submit annual reports by January 1 to the Texas Department of Housing and Community Affairs about multifamily residential developments receiving specific benefits, such as housing tax credits or property tax exemptions. The reports must include details like developer names, property values, benefit terms, and whether developments were operating or under construction during the prior year. The department must then create a public database aggregating this information by location and maintain it for two years after benefits end. Finally, the department must submit an annual written report to the legislature by March 1 containing the database data. This bill directly affects local governments, developers receiving housing benefits, and the public through increased transparency.