Texas Senate Bill SB1117

Texas 2019 - 86th Regular

Caption

Relating to the functions of certain urban land bank programs.

Impact

The proposed changes are expected to significantly impact state laws by clarifying the procedures and requirements for municipalities operating urban land banks, with a particular focus on ensuring that a portion of housing units developed are accessible to households earning between 60% to 120% of the area median income. Furthermore, the bill introduces reporting obligations which will enhance transparency regarding the activities of land banks and the effectiveness of the programs aimed at supporting affordable housing initiatives.

Summary

SB1117 relates to the functions of certain urban land bank programs in Texas. It amends sections of the Local Government Code to establish clearer definitions for 'land banks' and 'moderate income households' while enhancing the operational framework for municipalities that adopt urban land bank programs. The bill aims to facilitate the acquisition, holding, development, and transfer of real property for the purpose of providing affordable housing, particularly for moderate-income households. This strategic move is considered crucial in combating urban blight and fostering revitalization in underdeveloped neighborhoods.

Sentiment

The sentiment around SB1117 appears to be generally favorable, especially among housing advocates and local government officials. Supporters believe that the establishment of urban land banks and the required affordability protections will provide much-needed relief for moderate-income families in securing decent housing. However, there may also be concerns regarding the adequacy of funding and the ability of municipalities to effectively manage and implement these programs, indicating a cautious optimism rather than unreserved enthusiasm.

Contention

Notable points of contention include the specifics regarding the deed restrictions and requirements for developers participating in urban land bank programs. Some critics may argue that the bill's provisions could complicate the process for developers, potentially discouraging participation and delaying the construction of much-needed affordable housing. Additionally, discussions around what constitutes 'moderate income' could lead to disagreements about eligibility criteria, affecting which individuals and families ultimately benefit from these housing initiatives.