🚨 Hidden Tax Breaks: How Landlords Profit While Harris County Loses Millions 💰

🚨 Hidden Tax Breaks: How Landlords Profit While Harris County Loses Millions 💰

🚨 Hidden Tax Breaks: How Landlords Profit While Harris County Loses Millions 💰Bill Rapp, CRE Broker
Published on: 30/12/2024

A Broken Promise: How Tax Loopholes Are Costing Harris County and Failing Affordable Housing Imagine a promise: a system designed to bring affordable housing to our communities, ease the burdens of skyrocketing rents, and support those struggling to make ends meet. Now, imagine that promise manipulated into a loophole—one that funnels millions into the pockets of a select few, leaving local schools, police departments, and hospitals with the bill.

Commercial Real Estate
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🏠 Houston’s Housing Crisis Exposed 💸

🏠 Houston’s Housing Crisis Exposed 💸

🏠 Houston’s Housing Crisis Exposed 💸Bill Rapp, CRE Broker
Published on: 09/12/2024

Houston’s housing crisis isn’t just about rising rents—it’s also about a multi-million-dollar loophole that’s robbing taxpayers blind. Enter the Public Facility Corporation (PFC) scheme, a system designed to create affordable housing but now better known for funding developers' dreams while delivering almost nothing to low-income communities. Let’s break it down, Houston-style.

Commercial Real Estate
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🏠 Houston Housing Authority Shake-Up: What’s Next? 🚧

🏠 Houston Housing Authority Shake-Up: What’s Next? 🚧

🏠 Houston Housing Authority Shake-Up: What’s Next? 🚧Bill Rapp, CRE Broker
Published on: 20/11/2024

The Houston Housing Authority (HHA) has found itself in the spotlight amid leadership changes and mounting scrutiny over its practices. David Northern, who served as president and CEO since February 2022, resigned this week in the wake of an investigation into his duties and decision-making. Let’s break down the story and what it could mean for Houston’s housing future.

Commercial Real Estate
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