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Apartment complex in Webster paves the way for preserving affordable housing

Baypointe Apartments is undergoing $20 million in renovations to ensure modern, affordable housing for residents for over 30 years.

The overview: April Housing, Blackstone Real Estate’s affordable housing portfolio company, is partnering with the Harris County Housing Finance Corp. to provide the renovations for over 235 families, according to an April 2 news release from April Housing.

The apartment complex, which was originally built in 2007, was already locked into an affordable housing agreement with the state, meaning its owner was required to keep rents in reach for low‑income tenants, said Rene Martinez, executive director with the Harris County Housing Finance Corp.

Rather than demolish the aging complex and start over, the county and its partners chose to refinance and overhaul it, using a mix of low‑income housing tax credits and bonds to pay for the work, Martinez said.

What’s next: A formal grand reopening for Baypointe Apartments is planned once renovations are complete in late 2026, the news release notes.

 
In Your Community
Seabrook nursery celebrates 75th anniversary

Maas Nursery in Seabrook recently celebrated its 75th anniversary, according to a news release from the city of Seabrook.

Why it matters: The Seabrook Economic Development Corporation presented Maas Nursery with a certificate for its long-standing contributions to the local economy and its sustained presence in the Seabrook community, according to the release. 

How we got here: The Maas family founded Maas Nursery in 1951 after moving from Houston to Seabrook. What began as a two-person operation has grown over the decades into a business employing more than 45 people and is led by the family's son, Jim Maas, according to the release. 

  • 5511 Todville Road, Seabrook

 
Metro News
April HAR report shows an increase in single-family home sales

The April Housing Market Update from the Houston Association of Realtors reports an increase in inventory in the Houston market this month. Along with the increase in inventory, the average price for a single-family home decreased.

By the numbers: According to HAR, the average single-family home price decreased in April by 1.4% to $428,709—a drop from $434,925 last April. Active single-family listings grew by 6.5% year over year, allowing home buyers to have more options in a more stable market, according to the report.

This increase in property sales is in line with the HAR report released in March. As previously reported by Community Impact, the single-family home sales in March increased by 3.7% with 7,644 homes sold.

“More inventory is giving buyers room to breathe again,” HAR Chair Theresa Hill said. “Homes are still moving, but consumers have more time to make decisions and more leverage during negotiations.”

 
County Coverage
Harris County Flood Control District to seek funding extension for Hurricane Harvey recovery projects

The Harris County Flood Control District intends to work with the Texas General Land Office to extend funding deadlines for disaster recovery projects related to Hurricane Harvey, as about half are not on track to meet the timeline, HCFCD Executive Director Tina Petersen told Commissioners Court May 14.

The overview: According to a May 1 report from the flood control district, six of the 11 Hurricane Harvey recovery projects have an estimated completion date beyond the GLO’s Feb. 28, 2027, deadline.

Petersen said HCFCD will seek a nine-month extension and discuss contingency planning with the GLO. This will not be the first time Harris County asks for more flexibility, as the flood control district previously received a nine-month extension in March 2025, she said. 

Also of note: HCFCD is also working to deliver 17 flood mitigation projects, which aim to build resiliency against future extreme weather events, by a March 31, 2028, deadline. However, at least 12 projects are scheduled to run past the deadline, per the report, some of which extend well into 2029. 

 

Your local team

Haley Velasco
Editor

Papar Faircloth
General Manager

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