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re: Questions about Section 8 Housing

Posted on 7/11/16 at 10:45 am to
Posted by shel311
McKinney, Texas
Member since Aug 2004
111291 posts
Posted on 7/11/16 at 10:45 am to
quote:

It wasn't clear if the article you later posted was the same project as the one in your OP
I'm confident it is, but not 100%.

It's also the same Anderson Development Project or whatever it's called from the article as on the petition I signed, so I think it is.

quote:

We have a few of these in Chalmette. A lot of people were very, very, very upset about it and tried to block it. In the end, the complexes went through. In the several years they have been open, there has not been a hint of trouble. The owners need some full-rent tenants to make the financials work, so they are not going to just let it go to hell.
That's good to hear, maybe I am overreacting a bit.


quote:

The city/county gets property taxes.
Yea, that's true. I just wonder if I'm overstating it or overthinking, but if surrounding home values go down, that's a lot to be lost in property taxes as well.

quote:

Saw multiple chamber of commerce handouts that said they were the "Number 1 place to live in America".
I think it's Money Magazine that ranked them #1 and has had them in the top 5 for a few years in a row, or something along those lines.
This post was edited on 7/11/16 at 10:47 am
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37308 posts
Posted on 7/11/16 at 11:05 am to
quote:

but if surrounding home values go down, that's a lot to be lost in property taxes as well.


It takes an act of god and an act of congress to get the appraisal districts in texas to LOWER property values for taxation. =)
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