News & Analysis as of

Texas Housing Market

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

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Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

BakerHostetler

Analysis of Texas House Bill 21 - Property Tax Exemptions for Housing Finance Corporations Owning Affordable Housing

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In its 89th Regular Session, the Texas Legislature enacted House Bill 21 (HB 21), introducing significant reforms to the way housing finance corporations (HFCs) own and operate multifamily affordable housing developments....more

Troutman Pepper Locke

Texas Senate Bill 840: A Game-Changer for Housing Development

Troutman Pepper Locke on

On May 28, Senate Bill 840 arrived on Texas Governor Greg Abbott’s desk after passing the Texas House and Texas Senate with bipartisan support. Authored by State Senator Bryan Hughes, the bill aims to increase the state’s...more

Polsinelli

Texas Multifamily Revolution: Governor Abbott Considers Texas Senate Bill That Could Transform Zoning for Mixed-Use Residential /...

Polsinelli on

Introduction to Texas Senate Bill SB 840 - To combat the housing shortage in Texas, the Texas Senate introduced Bill C.S.S.B. 840 (SB 840 or the bill) in April 2025. The purpose of the bill is to streamline the conversion...more

Butler Snow LLP

Texas Legislative Update: Proposed Reforms to Chapters 303, 392 and 394

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As the March 14, 2025, bill filing deadline approaches in the Texas Legislature, several legislative initiatives have been introduced to reform Chapter 392 and Chapter 394 of the Texas Local Government Code, which govern...more

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