How a Texas agency exploited an affordable housing loophole for …

Nov 11, 2024 · $1M for lobbyists, $17M for lawyers: Who profited as a Texas agency used an affordable housing loophole By Eric Dexheimer , Staff writer Updated Nov 11, 2024 8:28 a.m.

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How A Texas Agency Exploited An Affordable Housing Loophole For …

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Nov 11, 2024 · $1M for lobbyists, $17M for lawyers: Who profited as a Texas agency used an affordable housing loophole By Eric Dexheimer , Staff writer Updated Nov 11, 2024 8:28 a.m.

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Houston Chronicle Investigates Power Plays By Texas Special Districts

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Nov 11, 2024 · SH130 Municipal Management District, an obscure new public agency made, and spent, over $30 million using a loophole in Texas affordable housing law. SH130 Municipal …

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Legislative Reference Library | Current Issues | Related Documents

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[ clip $1M for lobbyists, $17M for lawyers: Who profited as a Texas agency used an affordable housing loophole] 4 document(s) related Texas Bills & Amendments: 1 Reports: 3 Texas Bills / …

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What is the Texas housing affordability challenge?

August 27, 2024 (AUSTIN) — Texas Comptroller Glenn Hegar announced today his agency’s Housing Affordability Challenge (PDF) report, which examines the factors contributi ng to the housing affordability crisis across the U.S., how the crisis is affecting Texans and how the state is faring in comparison to the rest of the country. ...

Are affordable housing needs balancing financial and operational propriety in Texas?

As the dust tries to settle on this upheaval, one reality is starkly evident: the journey to balancing affordable housing needs with financial and operational propriety in Texas, and nationwide, is fraught with complexities, controversies, and continuous politics. ...

How were Texas Housers public facility corporations reformed?

Texas Housers Public Facility Corporations were majorly reformed in the 88th Texas Legislature. What changed and why is it important? Public Facility Corporations, or PFCs, are an important but complex new tool for producing affordable multifamily rental housing in Texas. ...

What happened to Texas Essential housing?

With no accountability to any publicly elected body, the Texas Essential Housing Public Facility Corp. had quietly arranged hundreds of millions of dollars worth of property tax breaks for private developers outside its own tiny jurisdiction. Local officials often had no idea they were losing the money. ...

Why is affordable housing so important in Texas?

The need for affordable housing is as urgent of an issue as it has been in many years. In Texas, we are experiencing this crisis even more acutely than the rest of the nation, with our most vulnerable populations having comparatively the fewest affordable homes available to them than the rest of the United States. ...

Is Texas facing a decline in housing affordability?

“Simply put, our state, which is generally well regarded for its low cost of living, is facing the pressures of a decline in housing affordability as our population and demand for housing continue to rise. Since 2008, Texas has been the No. 1 state for new building permits for privately owned housing units. ...