Relating to the requirements for applications for low income housing tax credits for certain developments financed through the private activity bond program.

HB 627 modifies application requirements for low-income housing tax credits on developments financed through federal tax-exempt bonds. It requires developers to submit certified resolutions from local governments (for counties/municipalities with populations over 1.2 million or 600,000, respectively) confirming they provided public notice, allowed public comment, and did not object to the project. Key provisions include mandating public hearings in large jurisdictions (Section 1(b)) and establishing a new approval pathway: if local governments fail to hold a hearing or formally object within 90 days of notice, the application may proceed (Section 1(e)). This bill directly affects developers seeking tax credits for qualifying housing projects in major Texas cities like Houston or Dallas.