Relating to the allocation of low income housing tax credits.

SB 2137 prohibits Texas housing authorities from requiring or considering public school quality ratings (like test scores or ratings) when allocating low-income housing tax credits. This directly affects developers applying for these credits, as it stops them from being penalized or favored based on the quality of nearby public schools. The law requires the Texas Department of Housing and Community Affairs to study the policy's impact and report findings by November 1, 2027, and expires September 1, 2027. It applies only to applications submitted under the 2026 or 2027 allocation cycles and takes effect September 1, 2025.