AMTEX will host a groundbreaking ceremony for Green Oaks Apartments, an affordable multifamily housing development located at 1475 Gears Road, Houston, on Nov. 14 at 10 a.m.. AMTEX affordable housing Green Oaks Apartments Development is designed to close the substantial shortage of affordable housing units in Houston.
1-Bedroom Apartments are renting for $1,500 per month
Voters have begun the process of picking a successor to Eric Johnson, who left the Texas Legislature to become Dallas mayor.
As home prices rise, more people support affordable housing policies. 55% of homebuyers quit searching when homes in their price range where not available.
The drafted rules increase the potential for income-based affordable housing by up to 9,000 units. The units could be spread out in areas across Austin. Currently there are just 1,500 available to those with incomes below the area's median income (AMI).
Kids living in low-income households face obstacles that contribute to low school performance. The lack of affordable housing is at the top of that list.
The NRP Group celebrated the grand opening of its second affordable housing development, name the Bridge at Harris Ridge, in Austin since 2017.
Without new homes to meet population growth and replace an aging housing stock, homebuying is expected to move further out of reach.
Joy Horak-Brown, president & CEO of New Hope Housing, and a TAAHP member, was recognized last week as one of the Most Admired CEOs in Houston by the Houston Business Journal. HBJ recognized 59 for-profit and nonprofit CEOs for their “professional accomplishments, community involvement, philanthropic efforts and other exemplary qualities,” as determined by an independent panel of judges. There were more than 300 nominations.
The Rural Housing Service (RHS or the Agency) is proposing to amend its regulation to remove the stated amount that the Agency will charge for the initial and annual guarantee fees.
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