Cohen-Esrey Development Group has plans to redevelop vacant hotel in Texarkana
TAAHP member Cohen-Esrey Development Group is planning to spend $25 Million to redevelop Hotel Grim, a vacant hotel in downtown Texarkana.
May 9, 2019
Affordable Housing News
Lack of affordable rent plagues cities across the United States
Houston makes list of top least affordable cities in the U.S. New research by USC housing experts reveals lack of affordable rent is a bigger problem than previously realized, not only in big coastal cities but across much of the United States.
Dallas lawmaker seeks to end ‘rampant corruption’ in affordable housing tax credit process
Dallas area state representative Eric Johnson (D) announced earlier this year his intent to file a bill to "end corruption" related to the allocation of housing tax credits in the application process.
Prospera Housing Breaks Ground on Affordable Housing Apartments in Corpus Christi
TAAHP member Prospera Housing Community Services broke ground on on its Village at Henderson Apartments on the south side of Corpus Christi. The new complex will add 88 affordable units to the market. Residents will have the option of two- and three-bedroom apartments.
New Poll: Half of Americans Cannot Afford to Live Near Better Schools and Childcare
In a recent poll, 46% of American adults said they would prefer to live in a community with access to better schools and/or childcare, but cannot afford to do so; while 58% say communities with better job opportunities are too expensive for them to live in.* To identify innovative solutions to this housing affordability crisis...
Rural Renters More Than Twice as Likely to Live in Substandard Housing
Households in rural rental properties are among the most vulnerable in the nation. With lower median incomes and higher poverty rates than homeowners.
Austin-based start-up connecting low-income Americans to affordable housing
Born out of the need to find a better way for property managers to contact homeless people on the list for affordable housing, Haven Connect, an online platform developed in 2014 makes it easier for property managers to connect with affordable housing applicants when units become available.
80% AMI New Focus for Austin’s Affordable Housing Stock
A growing concern involves the segment of the population caught in the middle: those who may not qualify to live in traditional affordable housing properties, but for whom market-rate apartment prices are getting uncomfortably high.
Freddie Mac Report: Austin one of 20 cities hit hardest by high rents
Freddie Mac (OTCQB: FMCC) released a list of the Top 20 most rent-burdened metropolitan statistical areas pdf (MSAs) in the United States. See where Austin ranks...
Cost of living, lack of affordable housing choking Midland economy
Economists are sounding alarm bells in Midland stressing if the region doesn't do something to increase the supply of affordable housing, the economy will not be able to grow.
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