Language in SB 18 should be changed to allow property owners to repurchase their property if the development of the property for the public use for which it is taken has not begun within five years or if the public use for which the property is taken is not in operation within 10 years of the taking.
Come and Build It: Housing Policy Reform in Texas
Texas is short more than 300,000 housing units, while 90% of Texans are worried about affordability. To ease these twin crises, policymakers passed an ambitious set of free-market-minded measures to boost supply and lower costs. Key points: The 89th Texas Legislature passed five key housing market reforms to increase supply, reduce government interference, and improve...