Houston officials plan to invest $600 million in repairing or building single-family homes and $375 million to fix or construct apartments, according to a draft document outlining how the city intends to spend the first long-term federal housing aid headed this way after Hurricane Harvey.
The draft action plan is a key procedural step in the city’s effort to draw on $1.15 billion in federal housing aid, part of the $5 billion allocated to Texas from Congress’ first hurricane-related appropriation last fall. Harris County will get a similar amount.
Houston’s action plan will go through weeks of public comment ahead of a projected June 27 city council vote, then head to Washington where it must be approved by the U.S. Department of Housing and Urban Development.
At least 70 percent of the funds, which come from HUD, must benefit families making no more than 80 percent of the area’s median household income, or about $60,000 for a family of four.
The funds must address the city’s "unmet housing need" — in other words, families who were displaced by the storm whose lives and homes were not restored to normal with whatever aid they may have received from the Federal Emergency Management Agency or the Small Business Administration.
Here’s a summary of how the city proposes to use the funds: