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

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

🌟 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
Third Ward Redevelopment: $8.5M Misuse Leads to Arrests

Third Ward Redevelopment: $8.5M Misuse Leads to Arrests

Third Ward Redevelopment: $8.5M Misuse Leads to ArrestsBill Rapp, CRE Broker
Published on: 24/06/2024

On October 31, 2023, construction was underway on a previously-owned Midtown Redevelopment Authority (MRA) lot in Houston’s Third Ward. This area has been at the center of controversy following the recent arrests of a former MRA staffer and two contractors on charges of public corruption.

Commercial Real Estate