LURA Amendment Approved for Providence Place Apartments
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Description
The TDHCA Board approved an amendment to the Land Use Restriction Agreement for Providence Place Apartments, extending the elderly housing restriction through the duration of the 40-year extended use period. Providence Place, Ltd. continues to operate the property for elderly residents in Katy, Texas.
Contract Details
Vendor
PROVIDENCE PLACE LTD
Agency
Texas Department of Housing and Community Affairs, TX
Contract Type
OTHER
Document Date
May 7, 2026
Contract Term
through the 40-year extended use period
Renewal Info
Extension of elderly restriction through full 40-year LURA; previously only required during first 15 years. Public hearing held March 26, 2026.
Issuing Agency
State Housing Authority
Austin, TX
More from Texas Department of Housing and Community Affairs
Texas Department of Housing and Community Affairs Board Book 2026-05-07
Texas Department of Housing and Community Affairs Board Book 2026-05-07
TDHCA Governing Board Meeting Transcript April 2026
TDHCA Governing Board Meeting Transcript April 2026
TDHCA Governing Board Meeting Transcript April 2026
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