"Pissed" city leaders urge lawmakers to close loophole costing millions in tax revenue
Housing finance corporations were created to address affordable housing needs. But many say they're being abused.
Watch CBS News
Housing finance corporations were created to address affordable housing needs. But many say they're being abused.
For decades, local governments have used HFCs to create affordable housing. But recently, developers have found some small towns willing to go far beyond their limits to broker deals all across the state.
According to the city, there's about a 23,000-unit gap in housing affordability in Fort Worth.
Joe Don Bobbitt takes over a role vacated by former chief appraiser Jeff Law, who resigned in September following votes of no confidence from city councils in Keller, Southlake and Colleyville, and from Tarrant County Commissioners.
Mortgage rates continued to rise this week, with the average 30-year fixed-rate mortgage in the United States hitting 7.8% Tuesday.
Evictions are up across North Texas and it comes at a time when local rental assistance programs are running out of money.
Build for rent housing communities are starting to pop up and are giving those of you stuck between buying a home and renting an apartment a new option.
