Texas Rebuilds
COMMUNITY DEVELOPMENT & REVITALIZATION
The Texas General Land Office - George P. Bush, Commissioner

Land Use Restriction Agreement

​A Land Use Restriction Agreement (LURA) is placed on developments and any applicable lenders must agree to subordinate to the LURA. The Developer / Borrower will guarantee completion of construction until a certificate of occupancy has been issued and retainage has been released. There is a ten year affordability period under the LURA.​