Bill > HJR108

This joint resolution proposes a constitutional amendment to create a workforce housing fund in Texas, designed to help develop affordable housing for workers. The fund would be established as a special account in the state treasury, administered by the Texas Department of Housing and Community Affairs, and used exclusively for providing grants and low-interest loans to municipalities to support affordable workforce housing development. The fund would be financed through multiple sources, including legislative appropriations, loan repayments, transfers from other sources, investment returns, gifts, grants, donations, and potential additional revenue streams designated by the legislature. The amendment specifies that the legislature will determine the specific methods of using the fund's assets, with certain constitutional limitations in place. The proposed amendment would be submitted to voters in a November 4, 2025 election, with the ballot featuring a clear description of the proposal to create a workforce housing fund to facilitate affordable housing development. The constitutional amendment aims to provide a dedicated financial mechanism to address housing affordability challenges for working individuals and families in Texas.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HJR108