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17 hours ago · Like most land banks, Houston Land Bank has a public mission to take abandoned lots and make them affordable housing, so they can take financial losses that a traditional private developer would not. The organization helps pay for itself by generating property taxes for the city and restoring blighted communities.
Nov 17, 2022 · Oregon, California, and the city of Minneapolis are places that since 2019 have all been rolling back exclusive single-family zoning. But Houston isn’t affordable on every metric. For the lowest ...
Jan 12, 2020 · There are some promising approaches that could make more affordable land and units available, however. The Houston Land Bank was recently reorganized and is now working to reuse tax-delinquent properties it acquires for the public good, including affordable housing. In 2018, the nonprofit Houston Community Land Trust launched, with a mission to ...
Sep 14, 2023 · Houston does not have a traditional zoning code and instead regulates local land use through a system of citywide ordinances. In 1998, policymakers approved an ordinance to allow building on smaller lots, reducing the minimum lot size in the urban core from 5,000 square feet to 3,500 square feet—or to 1,400 square feet for parcels meeting certain standards for open space.
Nov 25, 2020 · Using data from the Harris County Appraisal District, Gray and Millsap reveal that the reforms unleashed a housing boom among residential parcels between 1,400 and 5,000 square feet. Comparing new development in 1997 to the peak building year in 2005, Gray and Millsap show that building activity rose more than 300 percent.
Sep 29, 2022 · The work that Houston is doing on community land trusts—buying up property and handing it to a land trust and placing a deed restriction on it for housing development—is really encouraging. But for much broader solutions, you have to have Section 8 fully funded.
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Are Houston's new town houses affordable?
Unlike most major cities in the U.S., Houston does not have strict zoning laws. Zoning laws in many cities can drive up the cost of housing by limiting the density of development, mandating certain architectural styles, or restricting land use. In contrast, Houston's laissez-faire approach allows for more flexible and affordable housing options. 2.
