Bringing Affordable Housing to Amarillo

News
City of Amarillo Logo - USE

The city council unanimously supports the first of several steps to bring more affordable housing to Amarillo.

Nearly seven years, that’s how long Mayor Paul Harpole says the city has been trying to deal with affordable housing in the way it needs to.

The need for Affordable housing has attracted the attention of some developers.

Mayor Harpole says, “Cities were required to participate at a very high level, could be hundreds of thousands of dollars to get these projects each year. Well, the state’s changed that program.  Now, we give a very small amount, but show our support for the project and then private investors build this project.”

In the city council meeting, the entire council showed their support for this idea going forward.

Tim Lang, the Director of Tax Credits and Acquisitions for Tejas Housing Group says “There’s a growing need.  It’s one of the fasting growing segments of the demographics in the states right now is senior housing, and not every senior is ready for assisted housing. They want to live independently and this gives them the opportunity to do so.”

He says he has 15-properties throughout Texas and he has been trying to build property here in Amarillo for a long time.

Not only senior housing, but housing for all ages.

Lang says,  “We need to maintain our properties for at least 30-years, and so it behooves us to build a quality product that’s going to stand  the test of time and hold up to the harsh Amarillo winters.”

Mayor Harpole and the developers in the meeting both shared the idea of their housing developments helping homeless veterans in our area as well.

Lang tells us now that the city council has given them the go ahead, he and the other interested developers will submit full applications to the state, and the state will decide on who they will award the tax credits too.

He’s guessing by mid to late July they’ll know which property made it through.

Some proposed locations for the affordable housing include 7525 South Soncy Road, 7584 Southwest 77th Avenue, Arden Road and South Coulter Street, property on Plum Creek Drive, and a property located on 5000 South Coulter Street.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Video Forecast

More Forecast

Don't Miss