[Personal Note – there is a long history of opposition to affordable housing in the Katy, TX area — you can read my extensive post on this here and Texas Housers piece on the impact of Elected Official Letters on affordable housing, particularly in Houston area, here]
The future remains unclear for two proposed apartment developments for low-income residents in Fort Bend County after the projects were denied federal tax credits.
Carmel, Ind.-based Pedcor Investments had sought a $1.27 million housing tax credit for The Landings at Westheimer Lakes, a 96-unit project proposed on 6.7 acres north of Canyon Fields Drive.
Developing Hope, also known as the Integrated Real Estate Group out of Southlake, had eyed a $1.69 million tax credit for HomeTowne at Westheimer Lakes, a 126-unit apartment project for low-income elderly tenants on 5.4 acres on the south side of FM 1093.
Both locations are near the Cinco Ranch community in the north side of the county.
“I’m thankful that we have people who were very actively involved to fight this one off,” said Cheryl Merchant, who lives in the Westheimer Lakes subdivision adjacent to the proposed The Landings.
Gordon Anderson, spokesman for the Texas Department of Housing and Community Affairs, which administers the tax credit program, said opposition from state Sen. Glenn Hegar and Rep. John Zerwas, both Republicans from the Katy area, as well as from residents who live near the proposed projects, played a major role in the denial of the tax credits.
Read more at Ultimate Fort Bend