Low Income Tax Credit Property Approved by Texas Housing Department: Largest Project in Texas Poised for Sharpstown

SNIP TX Housing Board 12-2017

The 805 unit Vista On Gessner, low-income-housing-tax-credit project (LIHTC), located in southwest Houston in the heart of the Sharpstown community, was approved by the Texas Housing Department on December 14th, 2017. With no further regulatory hurdles, the project will proceed where upon completion of the rehab the units will be restricted to tenants who earn no more than 60% of the area median income. While disappointing, it came as little surprise, as the Turner administration made it clear the project

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