The Current State Of Housing
in Third Ward
The Historic Third Ward, Strategic Implementation Framework, supported by a collaboration of neighborhood-based organizations, and funded by Houston Endowment and the Kinder Foundation is a working document, intended to guide public policy and neighborhood-based affordable housing production goals. The comprehensive report highlights the community stakeholders that are ready to act, the resources to support them, and a framework to achieve success.
Click here to view the Historic Third Ward, Strategic Implementation Framework Report.
There has been a significant commitment to the Historic Third Ward and other neighborhoods that have suffered disinvestment and face resident displacement due to gentrification. Gentrification has impacted property values leading to decreased housing affordability for middle to low - income residents.
As of 2019,
empty single-family lots are selling for $150,000.
50% of AMI would be needed to afford that lot.
100% of AMI would be needed to afford to build a house IN THIRD wARD.
Few residents of the Third Ward earn this much!
renter families without subsidies
Of those families are making less than 80% area median income.
660 of those households are making
30% - 80% AMI.
775 of those households are making less than 30% AMI
AMI=Area Median Income