Opinion No.

Ms. Tish Gonzalez Acting Executive Administrator Texas Housing Agency P. O. Box 13941 Austin, Texas 78711-3941

Re: Authority of the Texas Housing Agency to take and hold title to foreclosed properties in its own name, and related questions (RQ-1897)

Dear Ms. Gonzalez:

You have requested that we address several questions about the "single family mortgage revenue bond programs" of the Texas Housing Agency. Your first question is:

Does Sec. 8(a)(5) [of the Texas Housing Agency Act, article 1269l-6, V.T.C.S.] permit [the agency] to take and hold title to foreclosed properties in its own name?

The…