Texas HB4582 establishes reimbursement for infrastructure costs for certain housing developments.

Texas HB4582 amends the Local Government Code to create a new chapter for the reimbursement of infrastructure costs for certain housing developments. This applies to specific counties and municipalities. Developers of attainable housing developments, defined as residential areas of at least seven acres providing at least 50 single-family residences, can seek reimbursement if they incurred infrastructure costs that a municipality or county would have otherwise covered. Eligible infrastructure includes facilities for utilities and streets.

Texas HB4582 establishes reimbursement for infrastructure costs for certain housing developments.

Texas HB4582 amends the Local Government Code to create a new chapter for the reimbursement of infrastructure costs for certain housing developments. This applies to specific counties and municipalities. Developers of attainable housing developments, defined as residential areas of at least seven acres providing at least 50 single-family residences, can seek reimbursement if they incurred infrastructure costs that a municipality or county would have otherwise covered. Eligible infrastructure includes facilities for utilities and streets.