Find Real Estate Agents and Homes for Sale


Real Estate News --> Texas News

Abbott: $5 billion in housing recovery aid heading to Texas


AUSTIN — The U.S. Department of Housing and Urban Development will spend $5 billion in Texas to help rebuild damaged homes, businesses and other infrastructure damaged by Hurricane Harvey. The funding, announced Friday, comes from HUD's Community ...


Archived Story

By Alejandra Matos Updated 7:08 pm, Friday, November 17, 2017 John Cornyn, GovGreg Abbott, HUD Deputy Secretary Pamela Hughes Patenaude and Land Commissioner George PBush announce $5 billion in housing recovery money." class="landscape" /> John Cornyn, GovGreg Abbott, HUD Deputy Secretary Pamela Hughes Patenaude and Land Commissioner George PBush announce $5 billion in housing recovery money."> Image 1of/1 CaptionClose Image 1 of 1 SenJohn Cornyn, GovGreg Abbott, HUD Deputy Secretary Pamela Hughes Patenaude and Land Commissioner George PBush announce $5 billion in housing recovery money. SenJohn Cornyn, GovGreg Abbott, HUD Deputy Secretary Pamela Hughes Patenaude and Land Commissioner George PBush announce $5 billion in housing recovery money. /**/ Abbott: $5 billion in housing recovery aid heading to Texas 1 / 1 Back to Gallery /**/ AUSTIN — The U.SDepartment of Housing and Urban Development will spend $5 billion in Texas to help rebuild damaged homes, businesses and other infrastructure damaged by Hurricane Harvey. The funding, announced Friday, comes from HUD's Community Development Block Grant program, which received $7.4 billion for disaster relief in SeptemberThe remainder of the money will go to other disaster-affected areas, such as Florida and Puerto Rico. "This is to meet the unmet housing needs here ..and to help Texans that have been displaced from their homes to rebuild their lives," said HUD Deputy Secretary Pamela Hughes Patenaude at a news conference with GovGreg Abbott"We stand ready at HUD to help cut the red tape." Abbott said the funding is "exactly what is needed" to help families rebuildHe commended SenJohn Cornyn for helping secure the fundingCornyn, who was in Austin on Friday, said he wants to ensure that the federal government provides the funding Texas needs to recover. Earlier this month, Abbott traveled to Washington seeking $61 billion in additional fundingBut Congress is facing multiple recovery effortsFlorida was battered by Hurricane IrmaHurricane Maria ravaged Puerto Rico, and California sustained significant damage from widespread wildfires. "Texas has one of the largest delegations in the country, and we see it as our responsibility to do what we need to do in order to make sure the federal government lives up to its complete responsibility when it comes to Hurricane Harvey recovery," Cornyn said. HUD will develop criteria for how to distribute the block grant moneyAbbott expects that will take about two weeksThe money will then go to the state, to be divided among local governments following a public comment period. That means it will likely take months for the money to reach Houston and other affected areas. Texas Land Commissioner George PBush, who is overseeing the housing recovery efforts, said the $5 billion will help rebuild 1.2 million homes. "We are now tasked with the largest housing recovery in American history, a role that we take very seriously," Bush said. Alejandra Matos covers politics, education and immigration policyFollow her on TwitterSend her tips at alejandra.matos@chron.com. /**/ /**/ /**/ More Political News Texas offers $20,000 reward in murder of Border Patrol agent GovAbbott extends emergency declaration for Harvey-hit counties Abbott: $5 billion in housing recovery aid heading to Texas Trump sends new $44 billion request for hurricane relief Patrick: Democrats are 'coming for us' Menendez avoids 'political grave,' but cloud still looms Steve Mostyn, Houston attorney and major Dem donor, dies Abbott adviser: 'Democrat enthusiasm' endangers Texas GOP Texas Turkey Day surprise: Dinner cost drops this year During Texas stop, VP predicts tax cuts will pass this year /**/ $(document).ready(function() { try { ens_countImpression("Most Popular","impression","most_popular_article|most_popular_article|0") } catch(e) { console.log(e); } }); Most Popular 1 'F--- TRUMP' truck owner has new Troy Nehls sticker after arrest 2 Owner of 'F--- Trump' truck, attorney threaten civil rights... 3 Liberty Kitchen Garden Oaks shutters 4 Things that Houston doesn't have anymore, for better or worse 5 Vote for Houston Community Newspapers' Northeast region player... 6 Former Cowboys receiver Terry Glenn dies in car accident 7 Investigators: D.BCooper letter confirms suspect, FBI cover-up /**/ View Comments

Trending Texas News:


  • Red-hot market stymies North Texas house-hunters
  • DEVELOPING: Northeast Lubbock fire takes 2 homes
  • QuantumDigital and REAL Trends Partner to Share Real Estate Insight, Drive Community Action
  • At least four people killed after violent storms in East Texas
  • Former credit union on Dallas' Ross Avenue to become 300-unit apartment project
  • Texas Roadhouse, A Momentous Story
  • Texas builder aims to offer house that's maintenance-free
  • Bank of the West expanding to Dallas with Galleria office
  • Texas Rangers to Investigate Dallas Police and Firefighter Pension Fund
  • New Goff real estate fund will have billion dollar buying power
  • Summit Hotel Properties reports 4Q results
  • Realtor of the Week: Team finds real estate rewarding
  • New Home Sales Basics in Texas
  • Alcoa's massive $250M Texas land holdings expected to sell this year
  • 5 killed in Texas wildfires
  • Allex Texas Neighborhoods
  • Opcity Launches Real Estate Technology and Matching Platform; Raises $27 Million of New Capital
  • Texas & Central Region's Premier Data Center Event: Join Senior-Level Executives from the Most Active …
  • Kickback comeback
  • The Latest: Weather officials: 3 twisters hit North Texas