Sunday marks seven years since Hurricane Harvey made landfall in Texas.
Get organized and transform your home with these Insider DealsThe slow-moving storm would cause significant impacts in the Houston area. The downpours lasted for days, dropping three feet of rain or more on large sections of Southeast Texas. 68 Texans lost their lives, more than half of the victims were in the Greater Houston area. It was the most significant tropical cyclone rainfall event ever recorded in the U.S.
About 300,000 homes and businesses were flooded across Southeast Texas. The Texas Division of Emergency Management estimates the total cost of damages at $125 billion, second only to Hurricane Katrina. The rebuilding process highlighted the need for affordable housing and jump-started the Houston Community Land Trust . It’s a nonprofit that prevents residential land from becoming too expensive for the average homebuyer.
“So a lot of times when we think about affordable programs such as down payment assistance for housing or affordable multi-family units, those are affordable for a short amount of time—five years, ten years, some even 30 years. But ultimately, we lose that affordability, and we have to keep reinvesting in the community. Land trust is an option for people who want that long-term permanent affordability, not just for them, but for future generations,” said HCLT’s Executive Director, Ashley Allen.
Affordable Housing Houston Houston Community Land Trust
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