Latest News in Affordable Housing
DISCLAIMER: The Texas Affiliation of Affordable Housing Providers (TAAHP) posts informational resources that may impact or be useful to its members. The views, positions, and opinions expressed in news articles, research studies, or other resources are those of the authors and do not necessarily reflect the official policy or position of TAAHP or its employees. Views are subject to change at any time.
Four candidates seeking to replace Dallas Mayor Eric Johnson in Texas House
Voters have begun the process of picking a successor to Eric Johnson, who left the Texas Legislature to become Dallas mayor.
Support for affordable housing policies growing
As home prices rise, more people support affordable housing policies. 55% of homebuyers quit searching when homes in their price range where not available.
Affordable Housing Could Increase by 9,000 Units in Austin
The drafted rules increase the potential for income-based affordable housing by up to 9,000 units. The units could be spread out in areas across Austin. Currently there are just 1,500 available to those with incomes below the area’s median income (AMI).
Lack of affordable housing contributes to low school performance
Kids living in low-income households face obstacles that contribute to low school performance. The lack of affordable housing is at the top of that list.
NRP Group Ground Celebrates Second Affordable Housing Development in Austin
The NRP Group celebrated the grand opening of its second affordable housing development, name the Bridge at Harris Ridge, in Austin since 2017.
Housing Shortage Will Be With Us for Years to Come
Without new homes to meet population growth and replace an aging housing stock, homebuying is expected to move further out of reach.
Joy Horak-Brown, president & CEO of New Hope Housing, receives honor
Joy Horak-Brown, president & CEO of New Hope Housing, and a TAAHP member, was recognized last week as one of the Most Admired CEOs in Houston by the Houston Business Journal. HBJ recognized 59 for-profit and nonprofit CEOs for their “professional accomplishments, community involvement, philanthropic efforts and other exemplary qualities,” as determined by an independent panel of judges. There were more than 300 nominations.
USDA expected to reduce fees to the USDA 538 program
The Rural Housing Service (RHS or the Agency) is proposing to amend its regulation to remove the stated amount that the Agency will charge for the initial and annual guarantee fees.
Harris County Moves to Influence Housing Tax Credit Applications for Affordable Housing
Harris County is planning a strategy to attempt to influence housing tax credit applications to get more applications approved for affordable housing desperately needed in the area.
Chief Economist Warns Housing Prices and Income Gap Growing in Texas
Well known economist James P. Gaines from the Texas A&M Real Estate Center, told a group of home builders in the Tyler, Texas area that the increasing gap between household incomes and housing prices is a critical issue facing the housing market in Texas. According to Gaines, household incomes are rising at a fraction of the pace of home prices.
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