Relating to the allocation of low income housing tax credits.

HB 3753 prohibits the Texas Department of Housing and Community Affairs from using public school quality (such as test scores or ratings) as a factor when allocating low-income housing tax credits for developments near public schools. Specifically, it bans requiring school quality as a project requirement or scoring applications based on it. The law takes effect September 1, 2025, and expires September 1, 2027, unless extended. It also mandates a study on the policy's impact, with a report due to the legislature by November 1, 2027.