Texas General Land Officer celebrates two multi-family complexes to replace damaged ones from Hurricane Harvey

The Texas General Land Office (GLO) disaster recovery team celebrated the completion of two multifamily housing complexes replacing affordable rental housing damaged by Hurricane Harvey, a press release said.
US DEPARTMENT OF HOUSING AND URBAN DEVEOPMENT | BY CHRISTINA HEATH • JUL 16, 2021
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The Texas General Land Office (GLO) disaster recovery team celebrated the completion of two multifamily housing complexes replacing affordable rental housing damaged by Hurricane Harvey, a press release said.

The GLO awarded The Oaks at Brenham, a 10-unit affordable rental complex in Brenham, $2.466 million to rebuild in addition to awarding a 36-unit multi-family community named Marquis at Fayette a total of more than $8.7 million to build units for low- to moderate-income families. According to the release, 95% of all units between both locations will be guaranteed for low to moderate-income families. 

GLO was able to award more than $11 million to the two projects from the $588 million grant from the Community Development Block Grant for Disaster Recovery (CDBG-DR) funds from the U.S. Department of Housing and Urban Development (HUD) to help reconstruct and construct 80 multi-family complexes throughout 48 eligible counties throughout the state, the release said.  

According to the release, in total, 6,002 rental homes are to be rebuilt and nearly 80% are guaranteed to house low to moderate-income residents for at least 20 years after the project's completion, or 15 years after the completion of repairs on a complex, depending which complex needs what. 

A family is considered to be low- to moderate-income if they earn 80% or less than the Area Median Family Income (AMFI) and applicants for the funding are required to designate at least 51% of their units for families that fit within this 80%, the release said. 

US DEPARTMENT OF HOUSING AND URBAN DEVEOPMENT | BY CHRISTINA HEATH • JUL 16, 2021