Takeaways from a Houston agency’s $150M missed opportunity to slow displacement in Third Ward

Houston’s Midtown development zone has spent two decades working to slow displacement in Third Ward, buying hundreds of lots in and around the historic Black neighborhood in the hopes of building affordable homes on them.

But the Midtown Redevelopment Authority repeatedly has put its affordable housing funds to questionable use.

A Houston Chronicle investigation this year showed Midtown spent $22 million in housing funds on a partly-empty office tower where no one lives…

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