| 7 | 5 | | |
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| 8 | 6 | | |
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| 9 | 7 | | A BILL TO BE ENTITLED |
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| 10 | 8 | | AN ACT |
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| 11 | 9 | | relating to lists of public real property suitable for use or to be |
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| 12 | 10 | | developed for use as affordable housing by certain municipalities |
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| 13 | 11 | | and counties. |
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| 14 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 15 | 13 | | SECTION 1. Chapter 250, Local Government Code, is amended |
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| 16 | 14 | | by adding Section 250.014 to read as follows: |
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| 17 | 15 | | Sec. 250.014. LISTS OF PUBLIC REAL PROPERTY SUITABLE FOR |
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| 18 | 16 | | AFFORDABLE HOUSING BY CERTAIN MUNICIPALITIES AND COUNTIES. (a) In |
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| 19 | 17 | | this section, "affordable housing" means residential property for |
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| 20 | 18 | | which monthly rents or monthly mortgage payments, including taxes, |
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| 21 | 19 | | insurance, and utilities, do not exceed 30 percent of the median |
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| 22 | 20 | | adjusted gross annual income for a household with a total annual |
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| 23 | 21 | | adjusted gross household income of less than 120 percent of the |
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| 24 | 22 | | greater of the median annual adjusted gross income: |
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| 25 | 23 | | (1) for households in this state; or |
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| 26 | 24 | | (2) for households in: |
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| 27 | 25 | | (A) the metropolitan statistical area in which |
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| 28 | 26 | | the property is located; or |
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| 29 | 27 | | (B) if the property is located outside a |
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| 30 | 28 | | metropolitan statistical area, the county in which the property is |
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| 31 | 29 | | primarily located. |
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| 32 | 30 | | (b) This section applies only to a municipality with a |
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| 33 | 31 | | population of more than 25,000 and a county with a population of |
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| 34 | 32 | | more than 50,000. |
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| 35 | 33 | | (c) Not later than March 1 of each year, each municipality |
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| 36 | 34 | | and county shall prepare an inventory list of all real property |
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| 37 | 35 | | located within its respective jurisdiction that the municipality or |
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| 38 | 36 | | county owns and determines is suitable for use or to be developed |
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| 39 | 37 | | for use as affordable housing. The list must include: |
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| 40 | 38 | | (1) the address and legal description of each property |
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| 41 | 39 | | listed; and |
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| 42 | 40 | | (2) a statement on whether the property is vacant or |
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| 43 | 41 | | improved. |
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| 44 | 42 | | (d) The governing body of each municipality and county must |
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| 45 | 43 | | review the inventory list prepared for the municipality or county |
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| 46 | 44 | | under this section at a public hearing and shall adopt a resolution |
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| 47 | 45 | | that includes the list at the conclusion of the hearing. |
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| 48 | 46 | | (e) Each municipality and county shall publish the |
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| 49 | 47 | | inventory list on: |
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| 50 | 48 | | (1) an Internet website maintained by the municipality |
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| 51 | 49 | | or county, as applicable; or |
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| 52 | 50 | | (2) a conspicuous place in the location the |
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| 53 | 51 | | municipality or county, as applicable, regularly posts notices if |
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| 54 | 52 | | the county or municipality, as applicable, does not maintain an |
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| 55 | 53 | | Internet website. |
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| 56 | 54 | | SECTION 2. This Act takes effect immediately if it receives |
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| 57 | 55 | | a vote of two-thirds of all the members elected to each house, as |
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| 58 | 56 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 59 | 57 | | Act does not receive the vote necessary for immediate effect, this |
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| 60 | 58 | | Act takes effect September 1, 2025. |
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