TDHCA awards $81.1 million in rental housing disaster recovery funds to Jefferson, Orange Counties
The Department has awarded $81.1 million in federal disaster recovery funds to repair or rebuild five Golden Triangle-area affordable multifamily rental properties damaged or destroyed by Hurricane Rita. The construction work, once completed, will restore rental units housing 576 individuals and families.
Scheduled to be repaired or rebuilt are the Pointe North and Virginia Estate apartments, Beaumont; Gulfbreeze Plaza I & II Apartments and Brittany Place Homes II, Port Arthur; and Orange Navy Homes, Orange. Each was providing affordable housing opportunities prior to Hurricane Rita’s landfall and received extensive damage as a result of the storm.
The funds are part of a $428.6 million allocation in federal Community Development Block Grant (CDBG) Program disaster recovery funds awarded earlier this year to Texas by the U.S. Department of Housing and Urban Development (HUD).
TDHCA set aside $81.1 million for this multifamily rental housing restoration program specifically targeting a 22-county region of Texas most affected by the hurricane; however, the Department only received applications from Jefferson and Orange counties.
The balance of the funds is being directed toward single-family home repairs, reimbursements to the city of Houston and Harris County, and the near-total restoration of the community of Sabine Pass.
Read the TDHCA press release (PDF) for additional information.