Eminent domain is seen by cities as a “tool” to be used to foster economic development. However, this presentation to the Texas Association of Community Development Corporations shows that eminent domain harms those in need of affordable housing.
Texas Gave Cities a Tool for More Housing Affordability. Some Are Throwing It Away.
Housing affordability is one of the Lone Star State’s – and greater Houston’s – most pressing challenges. Recent estimates suggest Texas’ statewide housing shortage exceeds 300,000 homes, applying upward pressure on rents and prices in ways that squeeze working households, young families, and seniors looking to downsize. The gap is especially severe for first-time homebuyers,...