Only 1% of tax-exempt units in Houston target the needs of very low-income renters

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An audit of the Houston Housing Authority reveals a disconnect between the intended goals of tax deals aimed at increasing affordable housing and their actual outcomes. Only 1% of tax-exempt units cater to extremely low-income residents, despite developers benefiting significantly from tax savings. The mayor's administration highlighted the unmet needs for affordable housing, suggesting that reforms are necessary. The authority has collected $53 million in fees, but it remains unclear how these funds are being utilized to support extremely low-income renters.

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