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VIENNA, Va., April 10, 2019 /PRNewswire/ — MidHudson LLC has closed another transaction using its HUD Reserve Funding Product. The MidHudson preferred equity investment provided the working capital and initial operating deficit reserves to complete the financing of The Edge at Langham Creek in Houston, TX, a 115-unit multifamily development. […]
Health care is financially out of reach for some. A majority of poor children in Texas live in families where more than half of the household income goes to housing, straining budgets and creating a ripple effect that ultimately damages their health, a new national study found. This often unseen […]
The property at 402 Columbia, left, is the site where a developer is proposing an affordable housing complex shown Wednesday, Feb. 13, 2019, in Houston. A developer’s plans to build a mixed-income apartment complex in the Heights appears to be on the skids after weeks of opposition from nearby residents […]
Bellaire in Houston is the wealthiest suburb in Texas. New York City-based financial news company 24/7 Wall St. LLC cracked the numbers from the U.S. Census Bureau’s American Community Survey to find the richest towns with populations between 1,000 and 25,000 in all 50 U.S. states based on median household […]
As Houston, Texas, continues to recover from last year’s hurricane season, it continues to lead the nation as one of the top housing markets. In late August, Hurricane Harvey tied with Hurricane Katrina to become the costliest tropical cyclone on record. Harvey inflicted $125 billion in damage to the Houston […]
Police are investigating the death of a young boy found unresponsive inside an east Houston apartment complex laundry room late Friday night. The boy was found unresponsive in the communal laundry room of his apartment complex at the 12300 block of Fleming Drive around 5:45 p.m., police say. Paramedics rushed […]