The Texas Legislature is advancing a proposal to permit commercial property owners to build dwellings without the need for land rezoning, focusing on larger cities with populations over 150,000. This effort comes amid a significant housing shortage estimated at 320,000 units, driving up home prices. The Senate has overwhelmingly supported the measure, which prioritizes deregulation to ease supply constraints. Amid mounting pressure to act before the legislative session concludes, lawmakers are also exploring additional housing solutions, underscoring the urgency of the situation.
The Texas Legislature is making strides to address the housing shortage by allowing the construction of dwellings on commercial properties without rezoning, targeting larger cities.
This legislative move reflects a broader strategy to bolster housing supply through deregulation, with an emphasis on easing building requirements in the face of high demand.
Legislators are acting quickly, with pressure mounting as the session nears its end, highlighting the urgency of implementing housing solutions.
Amid concerns of a significant housing shortage, Texas leaders aim to expedite construction processes, which could help alleviate rising home prices.
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