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TX SB583
Bill
Status
12/13/2024
Primary Sponsor
Royce West
Click for details
AI Summary
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Requires municipalities with populations over 25,000 and counties with populations over 50,000 to prepare annual inventory lists by March 1 of all publicly-owned real property suitable for affordable housing development
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Defines "affordable housing" as residential property where monthly rent or mortgage payments (including taxes, insurance, and utilities) do not exceed 30% of median adjusted gross income for households earning less than 120% of the area median income
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Inventory lists must include the address, legal description, and vacancy/improvement status of each property
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Governing bodies must review the inventory list at a public hearing and adopt a resolution including the list
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Lists must be published on the municipality or county website, or posted in a conspicuous public location if no website is maintained
Legislative Description
Relating to lists of public real property suitable for use or to be developed for use as affordable housing by certain municipalities and counties.
Property Interests
Last Action
Not again placed on intent calendar
4/9/2025