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