💼 HHA Under Scrutiny: Audit Issues & Toxic Land ☣️

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 18/10/2024

Well, things are getting real spicy over at the Houston Housing Authority (HHA) 🌶️. If you thought your paperwork problems were bad, wait until you hear this! The HHA is under some serious scrutiny following a messy audit and, wait for it... accusations of hiding toxic contamination on a property intended for low-income housing. Yep, you heard that right! 😬

Houston Housing AuthorityToxic ContaminationHouston Housing CrisisHousing Authority ScandalHouston Community ConcernsEnvironmental Risk ConcealmentHousing Development ControversyTexas Department of HousingHouston Real Estate ScandalHouston CRE

💰 Where’s the Money? Houston Housing Authority’s Failure to Collect $2.7M in Developer Fees

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 14/08/2024

Let’s talk about a big issue that’s been brewing in Houston’s housing market. The Houston Housing Authority (HHA) has a controversial tax break program designed to support affordable housing, and while it’s brought in over $50 million from developers, the HHA has failed to collect an additional $2.7 million that was supposed to help fund affordable housing projects. 😟

Houston Housing Authorityaffordable housingtax break programuncollected fundslow-income tenantsproperty tax exemptionsMayor John Whitmirepublic facility corporations (PFCs)financial compliancevulnerable populationsreal estate investment