Sunday, January 15, 2012

District 5 - Subsidize Housing Tops 458 Units

District 5 will have the most subsidize housing in the city.

Odyssey Residential, a Dallas, Texas Base company, has renovated 192 tax credit units at Bay Walk Apartments, 7200 Heards Lane. These units were funded by federal disaster recovery money.
Now, “Officials with Dallas-based Odyssey Residential offered more information about renovations at the long-troubled Marina Landing Resort apartments, 7302 Heards Lane on the island.”

Marina Resort Apartment located at 7302 Heards Lane, Galveston Texas will build 256 more 100% tax credit units to be completed in June 2012 funded by the following:

1.        $26.5 million in disaster recovery money

2.       $16.5 million in disaster housing recovery tax credits

3.       $10 million in Community Development Block Grant funding.

On January 2, 2012 an article written by Amanda Casanova states the eight more scatter Public Housing  (• 1717 Bayou Homes Drive • 2202 71st St. • 7208 Ann Marie Lane • 7302 Ave.  R • 1027 63rd St. • 6624 Morris • 7110 Yucca Drive • 1017 63rd St. • 72nd Street (Abstract 121, Hall and Jones subdivision, southwest part of lot 23 (23-5) Jones subdivision) all to be built within the District 5.
As your newly elected District 5 representative I will do all within my means to stop this madness. Please contact Mayor Jaworski and your present representative to stop the Tax credit.

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