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

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

💰 Where’s the Money? Houston Housing Authority’s Failure to Collect $2.7M in Developer FeesBy: 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. 😟

Bill Rapp, Commercial Mortgage Broker
Read more
Midtown Redevelopment Authority Corruption: $8.5M Misused

Midtown Redevelopment Authority Corruption: $8.5M Misused

Midtown Redevelopment Authority Corruption: $8.5M MisusedBy: Bill Rapp - Commercial & Residential Mortgage Broker
Published on: 24/06/2024

On October 31, 2023, construction was underway on a previously-owned Midtown Redevelopment Authority (MRA) lot in Houston’s Third Ward. This area has been at the center of controversy following the recent arrests of a former MRA staffer and two contractors on charges of public corruption.

Bill Rapp, Commercial Mortgage Broker
Read more