Sec. 373.004. GOALS OF PROGRAM. Through a community development program, a municipality may conduct work or activities designed to: (1) improve the living and economic conditions of persons of low and moderate income; (2) benefit low or moderate income neighborhoods; (3) aid in the prevention or elimination of slums and blighted areas; (4) aid a federally assisted new community; or (5) meet other urgent community development needs, including an activity or function specified for a community development program that incorporates a federally assisted new community. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.