Texas Legislature
As Texas experiences unprecedented growth, policymakers must consider the demand for housing at an affordable price. That’s the position of the Dallas Builders Association and one that its members communicated directly at the state Capitol in Austin last week. Phil Crone, executive officer of the Dallas Builders Association, joined a local cohort and advocates from…
North Texas residents who purchased a home in the past few years have likely experienced a fair amount of sticker shock when it comes to their property tax bill. As home prices have increased in response to record demand and low inventory, so have property taxes. In a study produced by ConstructionCoverage.com, data shows that…
Lawmakers have long expressed concern about the Lone Star State’s dwindling water supply and low per-capita state park acreage. However, one Rockwall state representative hopes to do something about it. District 33 State Rep. Justin Holland (R-Rockwall) filed a bill March 1 to pull $2 billion from the state’s $27 billion surplus to provide water resources…
There’s a lot of buzz in Texas about Public Facility Corporation projects, and it’s made its way to the state Capitol. Controversy surrounding the PFC financing structure, which incentivizes developers for providing affordable housing, has been praised as the only way to attain much-needed “missing middle” housing and simultaneously criticized for taking property off the…
Going into the 2023 Texas Legislative session, the state’s $27 billion budget surplus has a lot of tongues wagging. However, it’s too soon to tell what kind of impact, if any, those extra funds will have on real estate-related issues such as property taxes and housing affordability. Both issues remained at the forefront of our…
