Relating to certain occupancy preferences given by developments supported with a low income housing tax credit allocation.

HB 4607 amends Texas law to allow housing developments funded through the state's low-income housing tax credit program to give occupancy priority to teachers and other school district employees (and their households) in the district where the development is located. This change applies only to new applications submitted under the 2026 or later tax credit allocation plans, not to existing applications. The bill requires that all other state and federal housing eligibility rules remain satisfied when granting this preference. It directly affects developers of affordable housing projects using tax credits and teachers/school staff seeking housing in those developments.