HOUSTON – Dozens of Houston Housing Authority real estate deals are costing the city of Houston and Harris County about a million dollars a year in tax revenue, according to Rice University’s Baker Institute.

The KPRC 2 Investigates team, led by investigator Amy Davis, has been looking into the HHA for more than a year. This includes a multi-million dollar church property purchase that is now a vacant lot.

We are looking into what these deals mean for people in Houston. Baker Institute fellow Bill King is researching Public Facility Corporations, or PFC’s.

What is a PFC?

PFCs are non-profit entities created by a local government or housing authorities to partner with private developers on affordable housing projects.

By doing so, the property can receive property tax exemptions in

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