Katy, TX business group opposes low-income apartments

The Katy Area Economic Development Council is fighting the development of a proposed low- to moderate-income apartment complex called The Landings at Westheimer Lakes.

A resolution issued by the council opposing the project states Katy offers a “variety of diverse and affordable housing opportunities” as that one of the fastest-growing areas in the United States.

The resolution was signed on Feb. 28 by Woody Mann Jr., chairman of the Katy Area Economic Development Council, and was sent to the developer and the Texas Department of Housing and Community Affairs.

“We envision that the development has the potential to create traffic and transportation problems and that tax incentives are not needed or necessary for the development of apartments,” said Lance LaCour, president and CEO of the Katy Area Economic Development Council, in an e-mail response to a question about the resolution.

He added, however, that the council is not opposed to market rate apartment developments.

Read remainder of the story at The Houston Business Journal

Advertisements

About Bob Voelker

Head of the Munsch Hardt (Dallas law firm) Hospitality & Mixed Use Development Group, and former developer of affordable housing. I'm i
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s