A new $43 million affordable housing project will soon be underway in southeast Houston as the city grapples with a shortage.
of Houston's affordable housing units were lost or damaged during Hurricane Harvey in 2017, a blow to a city with an already depleted stock of affordable units.TxDOT has pledged to pay for moving costs and replace the lost units, but that process has yet to be ironed out.
The proposal calls for 74 one-bedroom, 44 two-bedroom, and 12 three-bedroom rental units. Once complete, 80% of the units will be held for those who make less than 60% of Houston's median household income. The $19.3 million loaned from the city of Houston comes from Community Development Block Grants approved after Hurricane Harvey.
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