Low income housing possibly developing in Katy and Richmond? (Houston: real estate market, apartment)

[Ghost Town]

I'd better spend that money on cleaning murky Galveston water instead of subsidized low income housing

[LocalPlanner]

Originally Posted by Glossa

This makes me very angry. People work hard to buy into a good neighborhood where they feel reasonably sure that their property values will remain stable and the neighborhood will be safe, and then a few people with robes order our good neighborhoods to be invaded by this type of housing.

Well, it's one to have a say about how your tax dollars are used - such as for housing subsidies for low income people. But in general, you should NOT have a say as to who gets to live your neighborhood or school zone, especially as regards to income. That is completely un-American. So it goes without saying that in a scenario in which a fully privately funded affordable housing development is proposed in a given area, no one should be able to keep it out.

And with regard to property values, believe or not, the job of government is not to safeguard your housing investment. It is to maintain law and order, safeguard property RIGHTS (not values) and provide its designated services. Now, is it in government's self-interest to preserve or enhance values? Sure. And plenty of people seem to complain about that when their assessed values go up, along with their tax bill. But for government to say that someone's private investment is the public's responsibility to ensure some level of return, absolutely not.

And, to head off one more typical homeowner canard, a home owner's RIGHTS are NOT being violated if development is allowed or schools are rezoned resulting in a market value decrease of the home.

[right]

Originally Posted by LocalPlanner

fully privately funded affordable housing development

they use grant money (taxes) to subsidize these...

[LocalPlanner]

Originally Posted by right

they use grant money (taxes) to subsidize these...

Most do, but I think there have been fully private affordable housing projects built, using philanthropically raised funds. They are not common. Maybe they should be, rather than taxpayer-subsidized projects.

[OnMyWayto30a]

This is occurring throughout Houston suburbs. The higher the 'value' the better the target. In fact there is a project in the works near Tanglewood at the intersection of Fountainview & San Felipe...you can imagine how well that has been received by the community. Ironically the Chairman of the Houston Housing Authority, Lance Gilliam, lives in River Oaks...wonder why it was not proposed near his neighborhood?

I have an hour commute and 4% property tax rates to get away from crime and crappy public schools. Now Obama and the progressives in HUD decide they are going to ethnically engineer the suburbs...thanks. These are the same idiots who want to fight gentrification...you cant have it both ways...

[Panda_Puck]

Originally Posted by OnMyWayto30a

This is occurring throughout Houston suburbs. The higher the 'value' the better the target. In fact there is a project in the works near Tanglewood at the intersection of Fountainview & San Felipe...you can imagine how well that has been received by the community. Ironically the Chairman of the Houston Housing Authority, Lance Gilliam, lives in River Oaks...wonder why it was not proposed near his neighborhood?

I have an hour commute and 4% property tax rates to get away from crime and crappy public schools. Now Obama and the progressives in HUD decide they are going to ethnically engineer the suburbs...thanks. These are the same idiots who want to fight gentrification...you cant have it both ways...

I used to live on FountainView and San felipe. Is it the new apartment complex behind HEB ?

Thanks,

[LocalPlanner]

Originally Posted by Panda_Puck

I used to live on FountainView and San felipe. Is it the new apartment complex behind HEB ?

Thanks,

No it's the site of the existing Housing Authority office building near Westheimer - redevelopment of a site they already own.

[LocalPlanner]

Originally Posted by OnMyWayto30a

This is occurring throughout Houston suburbs. The higher the 'value' the better the target. In fact there is a project in the works near Tanglewood at the intersection of Fountainview & San Felipe...you can imagine how well that has been received by the community. Ironically the Chairman of the Houston Housing Authority, Lance Gilliam, lives in River Oaks...wonder why it was not proposed near his neighborhood?

I have an hour commute and 4% property tax rates to get away from crime and crappy public schools. Now Obama and the progressives in HUD decide they are going to ethnically engineer the suburbs...thanks. These are the same idiots who want to fight gentrification...you cant have it both ways...

The ironic thing is that requiring subsidized housing to locate in higher income areas means land will generally be more expensive, so projects will be more difficult to make work - so it's possible that less overall subsidized housing might be provided.

[DejaBlue]

This is what happens when you're so determined to buy in a new developing area. Or an area with LOTS of wooded trees, boonies like.

Buy "new"in ready established and you'll be solid value wise. I remember my dad saying this years ago. Both of them liked Riverstone but it being so new they were like no so Champions it was. 90s built house is "new" and riff raff is far and few. Prices are skyhigh 300s-500s and nearby apartments....the Vintage are skyhigh and down Cypresswood there's apartments but not riff raff filled SW Houston types.

[chris_ut]

Originally Posted by LocalPlanner

But in general, you should NOT have a say as to who gets to live your neighborhood or school zone, especially as regards to income. That is completely un-American. So it goes without saying that in a scenario in which a fully privately funded affordable housing development is proposed in a given area, no one should be able to keep it out.

I do not think it is, or has ever been, true about America that neighborhoods have not been stratified by income. The quality of America has always been that it had a middle class, and a broad one at that so whereas in many countries you had a few rich neighborhoods and then the slums here we had a few rich neighborhoods a few slums and mostly people lived together in middle class area but the middle class has never welcomed the poor into their neighborhoods.

Its also unfair to try and shame someone for being upset if they invest a large amount of their income into propertyonly to have a 3rd party come in and drive down the value of that property. That is literally taking money out of their pocket. If you make $80,000 a year and some program reduces your property value by $40,000 that's like saying work the next 6 months for free because you are just doing it to make up what I took from you. That's a thing people have a right to want to avoid and get mad about when they can not.