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TX HJR108
Joint Resolution
Status
1/10/2025
Primary Sponsor
Vikki Goodwin
Click for details
AI Summary
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Creates the workforce housing fund as a special fund in the state treasury to provide grants and low-interest loans to municipalities for developing affordable workforce housing
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Designates the Texas Department of Housing and Community Affairs to administer the fund
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Fund sources include legislative appropriations, loan repayments (principal and interest), board transfers, investment returns, gifts/grants/donations, and other revenues dedicated by the legislature
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Requires the legislature to enact general laws specifying how fund assets may be used, with investment costs potentially paid from the fund
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Submits the constitutional amendment to voters at an election on November 4, 2025
Legislative Description
Proposing a constitutional amendment creating the workforce housing fund to facilitate the development of affordable workforce housing.
State Finances
Last Action
Referred to Intergovernmental Affairs
3/12/2025