Press Conference Monday Regarding Critical Texas House Legislation - Affordable Housing Organizations Join Houston Habitat for Humanity to Urge Texas House to Halt HB 1167.HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; -- Houston Habitat for Humanity Habitat for Humanity, nonprofit ecumenical Christian organization that enables low-income people to own affordable, livable housing. Headquartered in Americus, Ga., it was founded in 1976 by businessman Millard Fuller and his wife. --Houston Habitat for Humanity joined by the CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Association of Greater Houston Houston–Sugar Land–Baytown is a 10-county metropolitan area defined by the Office of Management and Budget. It is located along the Gulf Coast region in the U.S. state of Texas. and the Texas Association of Community Development Corporations in Opposition of Legislation to Cut Funding for Needed Affordable Housing at Press Conference on Monday Monday: see week. In an effort to increase public awareness of pending House legislation that undercuts significant progress made in the last decade to improve fair housing and civil rights protection in Texas' housing programs, Houston Habitat for Humanity, the CDC Association of Greater Houston and the Texas Association of Community Development Corporations will host a press conference Monday focused on HB 1167. HB 1167, which is scheduled for a vote on Tuesday Tuesday: see week. , undermines the state's efforts to increase minority homeownership rates, said Houston Habitat for Humanity President Laurence J. Payne. He added, "it cuts HOME funding from single-family housing initiatives as administered by the Texas Department of Housing and Community Affairs The Texas Department of Housing and Community Affairs (TDHCA) is the state's lead agency responsible for homeownership, affordable rental housing, community and energy assistance programs, and colonia activities serving primarily low income Texans. , which is a huge step backward for Habitat for Humanity and affordable housing organizations across the state." "House bill 1167 shifts needed funding from single-family housing projects to support apartment projects, but the multifamily housing development incentives in the bill don't help Texans in need of affordable housing," said Stephan Fairfield, Founding Chairman of the Texas Association of Community Development Corporations and President of Covenant Community Capital Corporation. "Instead the bill lowers the quality of multifamily housing by eliminating underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. and other important safeguards that make sure apartments funded by the state are maintained and kept safe." Affordable housing organizations across the state further insist HB 1167 guts gut n. 1. a. The alimentary canal or a portion thereof, especially the intestine or stomach. b. The embryonic digestive tube, consisting of the foregut, the midgut, and the hindgut. 2. fair housing and civil rights protections in the state's housing programs, weakens efforts to produce housing accessible to people with disabilities, reduces funding for senior home repair, concentrates poverty, promotes segregated housing and prevents the state from holding recipients accountable for millions of taxpayer dollars in grants to build affordable housing.
WHEN: Monday, May 9, 2005, 10 a.m.
WHERE: 9707 Shive Drive, Houston, TX 77078 (Houston Habitat Wood
Glen Subdivision)
WHAT: Press conference hosted by Houston Habitat for Humanity, the
CDC Association of Greater Houston and the Texas Association
of Community Development Corporations to present critical
concerns about proposed cuts to affordable housing funding
in HB 1167. HB 1167 is scheduled for vote by the Texas
House of Representatives Tuesday.
WHO: Houston Habitat for Humanity, Texas Association of Community
Development Corporations, Habitat for Humanity
International, Covenant Community Capital Corporation and
CDC Association of Greater Houston.
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