Relating to the allocation of low income housing tax credits to projects reserved for elderly persons.

HB 2132 modifies Texas' low-income housing tax credit allocation process to specifically benefit projects reserved for elderly residents. The bill amends the Government Code to allow the Texas Department of Housing and Community Affairs to award more points in project scoring for elderly-focused housing compared to general population housing, even when both projects meet the same criteria. This change applies only to applications submitted during the 2026 or later allocation cycles, not earlier ones. The law takes effect September 1, 2025, and repeals prior sections of the Government Code related to this process. The policy directly affects developers seeking tax credits for senior housing projects by adjusting how their applications are evaluated.