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Residents may be aged 65 or older. HCHA completed its plans for the project in April 2015. The complex began taking occupants in May 2017, and completion was scheduled by fall 2017. Prior to the development of the complex, residents of area subdivisions expressed opposition to the addition of low income housing in their areas.
In 1996 Cisneros signed an agreement to allow the City of Houston to demolish 677 of the community's 963 units as long as the site was still used for low income housing. [12] The older units were brick buildings, while David Ellison of the Houston Chronicle said that the newer units "look like any other apartments in Houston". [ 2 ]
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
Houston Housing Authority (HHA), formerly Housing Authority of the City of Houston (HACH), is the public housing authority in Houston, Texas. The Mayor of Houston appoints the board of directors of the HHA, but it itself is not a department of the city government.
In the past 20 years, wages have not kept pace with home prices. The median household income increased by only $6,005 between 2001 and 2021, from $64,779 to $70,784, and median home sale prices ...