Texas Senate Bill 840 Multifamily Housing Development Law

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Texas Senate Bill 840 is legislation that prevents cities with populations greater than 150,000 from restricting multifamily development in areas zoned commercial. It allows conversion of empty office and retail spaces into multifamily housing, permits building up to 36 units per acre or the densest multifamily category in the city, and limits parking requirements to one space per unit without requiring structured parking. The law also restricts cities from regulating maximum floor area and mandates a minimum building height of 45 feet or the existing commercial zoning height if greater. This law aims to spur housing growth and address the housing crisis in Texas cities.