Mayor announces $14 million for housing working families and homeless

SEATTLE, TX - December 7, 2007 - Mayor Greg Nickels today announced $14 million for four new housing projects for working families and people who are homeless.

Construction Scheduled for Affordable Senior Housing Complex

Houston, October 29, 2007 — Mayor Bill White joined City of Houston Housing’s Director Richard Celli, Community Development Department, Assistant Director Donald Sampley, City Council members, State Rep. Hubert Vo, VN TeamWork Board Members and stakeholders for the Groundbreaking Ceremony of sixty (60) senior affordable housing units. The proposed development, known as Golden Bamboo Village, […]

HUD announces $8.1 million in new funding to protect children in Houston and Harris County from dangerous lead in the home

HOUSTON, October 18, 2007 - At least 550 homes in Houston and Harris County will become healthier places to raise children due to $8.1 million in funding announced today by the U.S. Department of Housing and Urban Development Secretary Alphonso Jackson. Jackson joined Houston Mayor Bill White to make the announcement at the home of Frank […]

Report Critical of Texas Rebuilding After Rita

October 12, 2007 — According to the Texas Low Income Housing Information Service (TxLIHIS), NLIHC’s state partner in Texas, long-term housing recovery from the damage wreaked by Hurricane Rita two years ago is unattainable for most lower income homeowners in Texas under the current state plan. A report released September 24 reveals the inadequacies in […]

HUD awards $18.7 million in ‘sweat equity grants’ to four self-help housing developers

Grants to help produce at least 1,115 homes for first-time homebuyers
DALLAS, October 11, 2007 - More than a thousand low-income families will become homeowners for the first time thanks to their own labor and $18.7 million in funding announced today by Housing and Urban Development Secretary Alphonso Jackson.

Federal Grand Jury Charges Current And Former Public Officials And Their Associates In Bribery And Extortion Scheme Involving Affordable Housing Developments

Dallas, OCTOBER 1, 2007 - A 31-count indictment charging 14 current and former public officials and their associates with various offenses related to a bribery and extortion scheme involving affordable housing developments in the Dallas area, was returned by a federal grand jury in Dallas last week, and unsealed today, announced U.S. Attorney Richard B. […]

Successful Alternatives to Sell Homes Despite Housing Slump

Companies like Creekview Realty are Revolutionizing the Real Estate Industry
PLANO, Texas, Oct. 10 /PRNewswire/ — Despite the slumping housing market, Texans do not need drastic price reductions to sell their homes. The housing market in Texas is less volatile than other parts of the country, and sometimes a small price reduction is all it takes.

State housing agency releases $160 million for First Time Homebuyer program

AUSTIN, October 3, 2007 — Keeping the dream of homeownership alive despite a slow-down in the mortgage market, the Texas Department of Housing and Community Affairs (TDHCA) today announced the release of $160 million for 30-year fixed rate mortgage loans starting at 5.75 percent for qualifying first time homebuyers.

2007 Coldwell Banker® Home Price Comparison Index reveals That $2.1 Million Separates Beverly Hills from Killeen, Texas

Beverly Hills, Calif., and Killeen, Texas, Rank As Most Expensive and Most Affordable U.S. Markets, Respectively, in Annual Coldwell Banker Study
PARSIPPANY, N.J., Sept. 26, 2007 –  “Location. Location. Location.”  The age-old adage that defines home prices equates to a $2.1 million difference between the nation’s most expensive and affordable housing markets according to the 2007 […]

Selling new home tough in today’s market

Q: I purchased a brand-new home in Texas. I have lived in the home almost two years, but I have been trying to sell it for the last year. The reason I’m trying to sell is that our subdivision has been bombarded with investor sales.