• Commissioner Dawn Buckingham and Texas GLO to celebrate completion of affordable rental housing comp

  • AUSTIN – On Thursday, May 18, Texas Land Commissioner Dawn Buckingham, M.D., will celebrate the completion of Village at Greenwood Apartments, a multifamily rental community built to replenish affordable rental housing destroyed by Hurricane Harvey. The GLO awarded nearly $12 million to build the 69-unit affordable rental complex. Of these, 75% of all units are guaranteed for low- to moderate-income (LMI) residents. 
    The media is welcome to attend.

    WHO: Commissioner Dawn Buckingham, M.D., Texas General Land Office disaster recovery team, other local officials and partners
    WHAT: Visit multifamily rental property built using nearly $12 million in grant funds from the GLO disaster recovery assistance program
    WHEN: Thursday, May 18
    WHERE: 10:00 a.m. - Village at Greenwood Apartments ribbon cutting
    6002 Greenwood Dr, Corpus Christi, TX 78417

     The Texas General Land Office (GLO) has undertaken very impressive efforts using $572 million in Community Development Block Grant for Disaster Recovery (CDBG-DR) funds from HUD to help rehabilitate, reconstruct and construct 77 multifamily rental housing damaged or destroyed by Hurricane Harvey in 48 eligible counties outside of the city of Houston and Harris County, which requested and were granted direct allocations of funds from HUD to conduct housing programs. 
    In total, 5,779 rental homes are being rebuilt or newly constructed to replenish affordable workforce housing. Of the multifamily affordable housing units being rebuilt by the GLO, nearly 80% are guaranteed to house low- to moderate-income residents for 20 years after completion of new construction and 15 years after completion of repairs.
    In this program, applicants for the funding are required to designate at least 51% of the units for low- to moderate-income families with rents capped at the U.S. Department of Housing and Urban Development’s (HUD) Home Investment Partnership (HOME) limits. Per HUD guidelines, a family is considered low- to moderate-income if they earn 80% or less than the Area Median Family Income (AMFI). Each apartment complex will be restricted for low income housing for 20 years after completion of new construction and 15 years after completion of repairs.
    No other state or territory has performed like Texas in the recovery from Harvey. Because of the fantastic team at the General Land Office, Texas has distributed nearly $1 billion more disaster recovery dollars to real people and families in need than Florida, Puerto Rico, California, Georgia, Missouri, and the Virgin Islands combined. The General Land Office has proven to be the most efficient distributor of these funds and must continue to lead recovery efforts in our state. The GLO has rebuilt more than 10,000 homes for homeowners and renters in Texas.

    News media contact: 
    Brittany Eck
    Director of Communications, Community Development & Revitalization
    Texas General Land Office
    Commissioner Dawn Buckingham, M.D.
    (512) 963-7800 Cell