Harris County is planning a strategy to attempt to influence housing tax credit applications to get more applications approved for affordable housing desperately needed in the area.
Well known economist James P. Gaines from the Texas A&M Real Estate Center, told a group of home builders in the Tyler, Texas area that the increasing gap between household incomes and housing prices is a critical issue facing the housing market in Texas. According to Gaines, household incomes are rising at a fraction of the pace of home prices.
The Longview News Journal is reporting that the Longview area, a small-town region in Northeast Texas is over 1,000 affordable housing units short of what its population needs.
Laura Dupont, chair of the affordable housing task force, says it has not been easy getting all the neighborhoods in San Marcos to embrace the action plan, which is expected to be presented in October.
From Connect Texas DMA Development Companies unveiled plans for its next mixed-income apartment complex, Talavera Lofts, which will be built west of the Saltillo commuter rail station on Austin’s east side. The five-story, 100-unit project at East 5th and Navasota...
The goal of the strategy is to produce or preserve over 18,000 affordable homes as well as help people stay in affordable housing over the next 10-years.
As of June 2019, the average Austin rent for all apartment sizes is now $1,350 which represents an increase of 5.6 percent since the same time in 2018.
TAAHP is pleased to have awarded $10,000 in scholarships in 2019 to students living in affordable housing communities across Texas.
The Texas Affiliation of Affordable Housing Providers (TAAHP) is pleased to announce Valerie Williams of Bank of America Merrill Lynch as the 2019 recipient of the Jean W. MacDonald Lifetime Achievement Award for her long-time commitment to affordable housing in Texas. She joins only eight former awardees who have demonstrated the kind of forward thinking and fortitude necessary to help the most vulnerable citizens in Texas achieve a better quality of life.
The U.S. Department of Housing and Urban Development will now allow private investment in its senior affordable housing portfolio. The move is being made due to Congress' lack of appropriation of funds to maintain the over 125,000 apartment units built and funded by the government over the last 30-years.
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