Texas Realtors Announce Statewide Program to Expand Homeownership Opportunities for the Workforce

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AUSTIN, Texas, Aug. 16 /PRNewswire/ -- Today, the Texas Association of Realtors announced an initiative to help more homeowners take advantage of housing assistance programs and make homeownership more affordable for Texans. In particular, this initiative aims to expand homeownership opportunities for "workforce homebuyers," which refers to residents who earn up to 150 percent of their city's median income, including public servants such as school teachers, police officers, firefighters and nurses.

"For many communities in Texas, we've been victims of our own success and watched as cities prospered and property values steadily increased," said Bill Jones, chairman of the Texas Association of Realtors. "In some cases, however, values have increased so much that members of the workforce can no longer afford to live in the communities they serve."

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Texas Realtors Announce Statewide Program to Expand Homeownership Opportunities for the Workforce

Workforce housing is an important issue because it's crucial that public servants be able to live in the ...

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