TAAHP member JP Morgan Chase is reported to be giving $1 million to Houston Business Development to build affordable housing units within the city and provide below-market rate loans to small businesses with marginal credit scores.
The search for affordable housing is driving a new migration pattern — people from high-cost coastal cities to the middle of the country and the South.
Freddie Mac tracks multifamily rental affordability at the unit level by comparing area median income (AMI) data from the Federal Housing Finance Agency (FHFA) with rent data from the American Community Survey (ACS)i. The basic finding is that population growth is negatively correlated with an area’s ability to preserve affordable housing.
TAAHP member CommunityBank of Texas partnered with Bethlehem Baptist Church in Mansfield, Texas to build a 135-unit affordable housing apartment complex for seniors.
It comes as no surprise to affordable housing providers that even one of the most "affordable" communities in Texas is relatively unaffordable for the residents living there.
With Williamson County experiencing a 24-month to 48-month waitlist for affordable rental housing, a new grant of more than $1.4 million to build and preserve affordable housing in the county couldn't have come at a better time.
The City of Austin has created a private investment fund called the Housing Conservancy Fund for the specific purpose of preserving mid-aged affordable housing multi-family rental property.
From PR Newswire SAN ANTONIO, June 28, 2019 /PRNewswire/ -- The NRP Group, a vertically-integrated, best-in-class developer, builder and manager of multifamily housing, today announced its San Antonio Team has broken ground on Acero, an upscale multifamily...
Officials working for the city of Dallas identified in 2016 several issues related to failures of staff to properly tracking federal dollars used to build affordable housing.
Dallas Area Habitat for Humanity joined Habitat organizations across the country to improve housing affordability across the housing continuum.
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