Tax breaks for 24 new affordable housing deals move forward at Houston Housing Authority meeting

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Tax breaks for 24 new affordable housing deals move forward at Houston Housing Authority meeting
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The Houston Housing Authority voted Tuesday on 24 new proposals to take apartment complexes off of the tax rolls in exchange for making a number of units affordable.

that is considered affordable to people earning between 50 and 100 percent of the region’s median income).

The housing authority has said that a one-bedroom apartment could rent for up to $1,262 for a family earning up to 80 percent of the Houston area’s median income or $1,081 for a family earning up to 60 percent of the Houston area’s median income. Multiple people have contacted the Houston Chronicle to ask how to find the affordable units, which are not advertised on the Houston Housing Authority's website. Many of the developments that have been approved for tax breaks also do not advertise on their websites that they have units reserved for people of certain incomes.

That money may not be felt directly by Houston or local school districts’ budgets. Voters have capped the property tax revenue the city can collect — and the city hits that cap every year, usually forcing it to reduce its property tax rate. And the state’s “Robin Hood” system for funding school districts, which tries to even out how much every school gets per student, means that revenue reductions may not always be felt by Houston's school districts.

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