A 100-unit, single family home, rental community located at Ray Avenue and 58th Street near Highway 73, Port Arthur, Texas. This is an off-site replacement housing development to recover units lost to Hurricane Rita. This development is undertaken as a joint venture with the Housing Authority of the City of Port Arthur. The project financing is based upon allocation of Community Development Block Grant funds from the TDHCA, awarded in September 2007. This is hurricane replacement housing that targets displaced residents of the community earning at or below 80% of AMFI. The Housing authority has provided approximately 95 project-based rental vouchers to help families in need of direct assistance. Another fifteen of the single-family homes are specially equipped for residents with special needs. The income and rent restriction expire five years following construction completion, at which point they may be sold as market-rate homes or for affordable housing home ownership.
Please enter your username or email address. You will receive a link to create a new password via email.