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.
The San Antonio Housing Authority (SAHA) and partner NRP Group received a 9% tax credit from the Texas Department of Housing and Community Affairs.
One of the primary amenities being offered by Foundation Communities at Foundation Village is an on-site community center and childcare.
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.
On July 17, 2019, President Trump declared that a major disaster exists in the State of Texas, and ordered federal assistance to supplement state and local recovery efforts in the areas affected by severe storms and flooding.
The Texas Department of Housing and Community Affairs (TDHCA) governing board has named Bobby Wilkinson as executive director of the agency, effective Aug. 15.
According to a new report by the National Low Income Housing Coalition, a person working full time would need to earn $16.51 per hour in order to afford a modest one-bedroom apartment in Texas.
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.
A recent study from the Joint Center for Housing Studies of Harvard University revealed that homeownership rates among blacks is not rebounding at the same levels of other races in the United States.
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.
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