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General Land Office Celebrates Schulenburg Housing Complex

The Texas General Land Office awarded $8,766,974 to build the Marquis at Fayette, a 36-unit multifamily community in Schulenburg. Representatives held a ribbon cutting there Wednesday.

Wednesday the Texas General Land Office disaster recovery team celebrated the completion of two multifamily housing complexes to replace affordable rental housing damaged or destroyed in Hurricane Harvey. The GLO awarded $2,466,000 to build The Oaks at Brenham, a 10-unit affordable rental complex in Brenham, in addition to $8,766,974 to build the Marquis at Fayette, a 36-unit multifamily community.

Nearly 95% of these units are guaranteed for low-to-moderate income (LMI) residents, with seven of the Oaks at Brenham units and all 36 of Marquis at Fayette units being set aside specifically for LMI families.

The Texas General Land Office (GLO) has undertaken efforts using $588 million in Community Development Block Grant for Disaster Recovery (CDBG-DR) funds from the U.S. Department of Housing and Urban Development (HUD) funds to help rehabilitate, reconstruct and construct 80 multifamily rental housing damaged or destroyed by Hurricane Harvey in 48 eligible counties outside of the city of Houston and Harris County, which requested and were granted direct allocations of funds from HUD to conduct housing programs.

In total, 6,002 rental homes are being rebuilt or newly constructed to replenish affordable workforce housing. Of the multifamily affordable housing units being rebuilt by the GLO, nearly 80% are guaranteed to house low-to moderate-income residents for 20 years after completion of new construction and 15 years after completion of repairs.

In this program, applicants for the funding are required to designate at least 51% of the units for low- to moderateincome families with rents capped.