Senate Bill No. 583 aims to enhance the availability of affordable housing by requiring certain municipalities and counties in Texas to compile and publish lists of public real property that is suitable for development as affordable housing. The bill introduces a new section, Section 250.014, to the Local Government Code, defining "affordable housing" and establishing criteria for municipalities with populations over 25,000 and counties with populations over 50,000. Each year, these entities must prepare an inventory of real properties they own that are deemed suitable for affordable housing, including details such as the address, legal description, and whether the property is vacant or improved.

Furthermore, the governing bodies of the municipalities and counties are mandated to review the inventory list during a public hearing and adopt a resolution that includes the list. The bill also stipulates that the inventory must be published on the respective municipality or county's website or in a conspicuous location if no website is maintained. The act is set to take effect immediately upon receiving a two-thirds vote from both houses of the legislature or on September 1, 2025, if such a vote is not achieved.

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