One day after the Corpus Christi Housing Authority Board voted to void controversial workforce housing agreements covering 13 apartment complexes, property owners filed an emergency request for a temporary restraining order to stop the Housing Authority from implementing that decision.
Companies that own the apartment complexes—with a combined appraised value of approximately $350 million—filed the motion on Wednesday, warning that the Housing Authority’s actions could trigger foreclosures, displace hundreds of families, and cause “catastrophic” financial harm.
In sworn declarations filed with the court, property owners detailed the severe consequences they face if the Housing Authority follows through on its January 6 resolution…