🚨 Affordable Housing or Developer Jackpot? 💵

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 09/12/2024

Houston’s housing crisis isn’t just about rising rents—it’s also about a multi-million-dollar loophole that’s robbing taxpayers blind. Enter the Public Facility Corporation (PFC) scheme, a system designed to create affordable housing but now better known for funding developers' dreams while delivering almost nothing to low-income communities. Let’s break it down, Houston-style.

Bill Rapp, Commercial Mortgage Broker

💼 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! 😬

Bill Rapp, Commercial Mortgage Broker