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How is the Houston housing market being impacted by policy and what can we do to manage the demand for solutions?
There has been an influx of private dollars pushed into the real estate market by proximity to economic opportunity, tax incentives like opportunity zones and 1031 exchanges, and a shortage of housing inventory. While there are many positive outcomes from this investment, if left unmanaged it could result in massive displacement, a disconnect from cultural ties, and unsustainable development practices.
Third Ward organization empowers residents to reclaim property through community led design anchored by Emancipation Park
The organization recently welcomed residents on site at their most recent activation for a development known as Project Griffin, located at 3302 Emancipation Street. Attendees were able to experience a mural design exhibition sponsored by Sherwin- Williams, an interactive design generator, a developer’s roundtable and go on a bike ride around Emancipation Park.