📉 Houston CRE Crisis: Housing Authority in Trouble 🚨

Bill Rapp, CRE Broker

Published on: 18/10/2024

Well, things are getting real spicy over at the Houston Housing Authority (HHA) 🌶️. If you thought your paperwork problems were bad, wait until you hear this! The HHA is under some serious scrutiny following a messy audit and, wait for it... accusations of hiding toxic contamination on a property intended for low-income housing. Yep, you heard that right! 😬

Commercial Real Estate

🌟 Houston Housing Authority Drops the Ball: $2.7M in Affordable Housing Funds Uncollected 🌟

Bill Rapp, CRE Broker

Published on: 14/08/2024

Let’s talk about a big issue that’s been brewing in Houston’s housing market. The Houston Housing Authority (HHA) has a controversial tax break program designed to support affordable housing, and while it’s brought in over $50 million from developers, the HHA has failed to collect an additional $2.7 million that was supposed to help fund affordable housing projects. 😟

Commercial Real Estate