Texarkana, TX 49° View Live Radar Sat H 74° L 58° Sun H 75° L 55° Mon H 66° L 46° Weather Sponsored By:

Council to vote on $20M renovation plan

Council to vote on $20M renovation plan

Program would improve public housing units

February 25th, 2018 by Karl Richter in Texarkana News

A Texarkana, Texas, City Council vote expected Monday is one of the final steps in a $20 million plan to renovate almost 300 local public housing units.

The council will vote on authorizing a Housing Authority of Texarkana, Texas, application for tax credits to help fund the renovations, part of a financing package made possible by a Department of Housing and Urban Development program.

The program, called Rental Assistance Demonstration, changes public housing properties' legal status in a way that allows private capital investment in them.

The new program replaces the government-driven public housing model first enacted in the 1930s with a public-private partnership model, HATT CEO Antonio Williams said.

"Under the RAD program, HUD releases the deed to the housing authority, and we use that as equity" to leverage financing vehicles such as loans and tax credits, he said. When the Texas-side RAD conversion is completed this year, HATT will hold deeds worth about $90 million in equity.

HATT plans to spend about $20 million renovating 294 housing units in the Robison Terrace, Williams Homes, Hampton Homes and Bright Street properties, as well as several others scattered throughout the city.

Improvements will include remodeled kitchens and bathrooms with all-new appliances and fixtures; new roofs and windows; updated air-conditioning, plumbing and electrical; all-new lighting; upgraded elevators; and new landscaping.

If the City Council approves HATT's tax credit application, the next step is approval from the Texas Department of Housing and Community Affairs in March or April. Williams expects all the RAD conversions to close and construction to begin sometime in the second quarter of this year. The work should be finished by the third quarter of 2019.

Before its vote, the council will conduct a public hearing on the matter, during which any member of the public may speak.

The meeting is scheduled for 6 p.m. at City Hall, 220 Texas Blvd.

On Twitter: @RealKarlRichter

Getting Started/Comments Policy

Getting started

  1. 1. If you frequently comment on news websites then you may already have a Disqus account. If so, click the "Login" button at the top right of the comment widget and choose whether you'd rather log in with Facebook, Twitter, Google, or a Disqus account.
  2. 2. If you've forgotten your password, Disqus will email you a link that will allow you to create a new one. Easy!
  3. 3. If you're not a member yet, Disqus will go ahead and register you. It's seamless and takes about 10 seconds.
  4. 4. To register, either go through the login process or just click in the box that says "join the discussion," type your comment, and either choose a social media platform to log you in or create a Disqus account with your email address.
  5. 5. If you use Twitter, Facebook or Google to log in, you will need to stay logged into that platform in order to comment. If you create a Disqus account instead, you'll need to remember your Disqus password. Either way, you can change your display name if you'd rather not show off your real name.
  6. 6. Don't be a huge jerk or do anything illegal, and you'll be fine.

Texarkana Gazette Comments Policy

The Texarkana Gazette web sites include interactive areas in which users can express opinions and share ideas and information. We cannot and do not monitor all of the material submitted to the website. Additionally, we do not control, and are not responsible for, content submitted by users. By using the web sites, you may be exposed to content that you may find offensive, indecent, inaccurate, misleading, or otherwise objectionable. You agree that you must evaluate, and bear all risks associated with, the use of the Gazette web sites and any content on the Gazette web sites, including, but not limited to, whether you should rely on such content. Notwithstanding the foregoing, you acknowledge that we shall have the right (but not the obligation) to review any content that you have submitted to the Gazette, and to reject, delete, disable, or remove any content that we determine, in our sole discretion, (a) does not comply with the terms and conditions of this agreement; (b) might violate any law, infringe upon the rights of third parties, or subject us to liability for any reason; or (c) might adversely affect our public image, reputation or goodwill. Moreover, we reserve the right to reject, delete, disable, or remove any content at any time, for the reasons set forth above, for any other reason, or for no reason. If you believe that any content on any of the Gazette web sites infringes upon any copyrights that you own, please contact us pursuant to the procedures outlined in the Digital Millennium Copyright Act (Title 17 U.S.C. § 512) at the following address:

Copyright Agent
The Texarkana Gazette
15 Pine Street
Texarkana, TX 75501
Phone: 903-794-3311
Email: webeditor@texarkanagazette.com