Houston MSA
2026-07-23
The City of Houston is making a significant move to enhance its housing landscape. Today, the Houston Housing and Community Development Department announced a new Notice of Funding Availability (NOFA), dedicating $15 million to the preservation and expansion of affordable multifamily housing. This initiative targets the rehabilitation of properties built in 2011 or earlier, aiming to provide more quality, affordable homes for Houstonians. This marks a proactive step in addressing housing needs and fostering community resilience. What are your thoughts on how targeted investments like this impact the broader real estate market?
Source: City of Houston Housing and Community Development Department, "2026 CDBG Multifamily Rehab NOFA," published July 23, 2026. https://www.houstontx.gov/housing/funding/2026CDBGMULTIFAMILYREHABNOFA.html
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Diane Hart Alexander, MBA, MHA
Designated Broker, Alexander Tiffany Southwest, LLC
Chair & CEO, ALEX
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
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Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov


