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Houston To Add Hundreds of New Affordable Homes Backed by Bonds

Bond Represents Uptown Houston's Largest Fund Ever Raised for Affordable Housing
Uptown Development Authority's $112 million bond issuance will help fund the creation of nearly 1,000 affordable homes across Houston. Pictured are homes already under construction through a separate initiative by the city at Towne Park Village in northeast Houston. (City of Houston)
Uptown Development Authority's $112 million bond issuance will help fund the creation of nearly 1,000 affordable homes across Houston. Pictured are homes already under construction through a separate initiative by the city at Towne Park Village in northeast Houston. (City of Houston)
CoStar News
April 15, 2021 | 8:16 P.M.

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Houston, a city struggling with surging house prices, could get a big infusion of new affordable housing thanks to a $112 million bond issued by the Uptown Development Authority.

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