Houston's City Council approved a measure that allows the city's housing department to seek $45 million in funds to help build up the city's affordable housing inventory.
MEMBER IN THE NEWS: The decision was unanimous. Commissioners in Travis County approve $31 million in bonds that will be used to build affordable housing for seniors in Pflugerville just North of Austin.
Both Texas and the nation have experienced growing affordability since recovering from the GR, but the affordability gap between the state and the nation has narrowed since 2014. Texas ranked 25th among states in 2017 mainly due to its recent slowdown in affordability (just above Washington D.C.).
Harris County Precinct 2 Commissioner Adrian Garcia is concerned about the lack of home ownership rates in his district. He notes that the majority of residents in Precinct 2 are renters because they are low- to moderate-income and cannot afford to become homeowners.
AMTEX announces the completion of more than one thousand rental apartment units in Texas.
The city of San Marcos will host an informative open house May 22 from 5:30-7:30 p.m. at the San Marcos Recreation Hall to discuss affordable housing needs.
Gaston Place is a senior community owned by HACA. The development was initially built in 1978 to provide housing to the elderly (62 or older), disabled, or those displaced by natural disasters. Michael Gerber, CEO, and President of HACA, will commemorate the celebration with a ribbon cutting at 10 a.m. on May 22.
The San Antonio City Council has thrown its support behind four proposed affordable housing developments in various areas of the city.
Community Impact reports on the struggle to provide affordable housing in areas that show a high need for homes that those making less than the median household income for the area can afford.
The Houston Chronicle's Chris Tomlinson gives his analysis of how neighborhood associations have worked to keep affordable housing from being built.
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