HOUSTON—The aftermath of Harvey has had a significant impact on Houston's housing market and there is a growing misconception that the city is well positioned to deal with displaced residents due to the former housing glut. However, this fails to take low-income Houstonians into account, according to affordable housing experts.
According to FEMA data, low-income families in Houston were disproportionately affected by Harvey. Households earning less than $25,000 annually made up the largest group of residents likely affected by flooding and households earning between $25,00 and $49,999 ranked as the second largest group. The loss of naturally occurring affordable housing raises new concerns for these residents, as they face displacement and higher housing costs.
In this exclusive, Mary Lawler, executive director of Avenue Community Development Corporation in Houston, recently discussed the city's affordability crisis and the critical steps it must take to protect low-income families on the path to recovery.
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