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As Houston plots a sustainable path forward, it’s leaving fenceline communities behind. By Raj Mankad August 15, 2017 This article originally appeared on Grist. Juan Parras gives one hell of a tour of Houston’s east side. He’s charming and funny. Wearing a beret, he strikes an old-world look, like he might lead you to a cafe on a plaza. He doesn’t charge a fee for his services. After all, you’re on a “toxic tour,” and Parras is on a mission. Parras grew up in fifties West Texas . He remembers segregated schools, the restaurants that wouldn’t serve him, the unpaved roads, and the people who lived closest to the local refinery. Those experiences led him to a career as a social justice advocate . The resident of Houston’s heavily industrial east side has worked in a city housing department , for a union, for a law clinic, and on a campaign that stopped a PVC factory from being built in Louisiana’s “Cancer Alley.” For the last decade, he has served as executive director of Texas Enviro...

The owners of a 54- unit townhouse development in Portola, located a few blocks from McLaren Park, have put the whole lot up for sale, which includes plans, permits, and parcels. Asking $10.75 million, an opportunity for some other would-be developer to fill in some in-fill in the city’s southernmost reaches. Once upon a time, 495 Cambridge was Bridgemont High School (also known as Bridgemont Junior High ). But the schoolhouse fell on hard times in 1998 and ended up evicted. The San Francisco Chronicle wrote at the time: Wells Fargo Bank yesterday evicted students of a Portola District religious prep school and more than 30 low-income boarders from their home. [...] The school defaulted on a $4.7 million note, allowing Wells Fargo to foreclose and buy the four-acre former Roman Catholic convent . The bank then used the Ellis Act to clear a 30- unit apartment house attached to the school. Back in 2014, the Planning Department said the circa- 1951 school buildings were being us...

CLEVELAND, Aug. 21, 2017 /3BL Media/— KeyBank Community Development Lending & Investment (CDLI) has partnered with Riverside Capital to provide a $12. 7 million LIHTC equity investment to help Michaels Development Company rehabilitate Skyline Gardens Apartments , an existing affordable housing development for families in Albany, NY. Skyline Gardens Apartments features 188 LIHTC regulated units serving families that earn up to 60% AMI. Of these units, 131 will be covered by a 20- year Housing Assistance Payments contract allowing families who are eligible for the HAP subsidized units to pay no more than 30 percent of their income toward rent. Skyline Gardens Apartments was originally built in 1973. It was last renovated more than 20 years ago. The project will be financed with a combination of LIHTC equity and tax- exempt bonds provided by the New York State Housing Finance Agency (NYS HFA), a soft loan through the NYS HFA, a House NY Mitchell Lama subsidy loan and existi...

FINANCIAL MARKETS US stocks rising NEW YORK (AP) — U.S. stocks are rising today as retailers including Urban Outfitters and Target climb. That's helping retailers recover some of the sharp losses they took a day earlier. Health care and technology companies are also trading higher. Energy companies are lagging the rest of the market as the price of oil turns lower . At 12:58 p.m. Eastern Time, the S&P 500 index rose 6 points , to 2,471. The Dow Jones industrial average added 63 points , to 22,062. And the Nasdaq composite rose 25 points , to 6,358. At noon Eastern time , the Russell 2000 index of smaller companies jumped 7 points , to 1,390. TRUMP UPDATE Another two CEOs quit presidential council NEW YORK (AP) — Another two company CEOs have quit President Donald Trump 's manufacturing council. 3M CEO Inge Thulin (ING'-geh too-LEEN') announced in a statement today, his resignation from the Manufacturing Jobs Initiative panel , saying sustainability, diversity an...