Bill > HB2904

This bill establishes new restrictions on rent increases for both residential dwellings and manufactured home lots in Texas, creating specific limits based on housing affordability. For affordable housing (defined as housing for households earning 70% or less of the area median family income), landlords can increase rent by no more than 5% per lease term, while for other housing, the maximum increase is 10%, unless the property undergoes major renovation in the preceding 12 months. Landlords who exceed these limits would be liable for three times the amount of the unauthorized rent increase, plus the tenant's actual damages, with each rental period of violation considered a separate offense. Additionally, when implementing a maximum allowable rent increase, landlords must provide tenants a written explanation describing the economic conditions, renovations, or other circumstances necessitating the increase. The bill will apply only to leases entered into or renewed on or after January 1, 2026, meaning existing leases will continue under previous regulations until that date. The legislation aims to provide more predictability and protection for tenants against significant, potentially unexpected rent increases.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB2904