Developers across Texas are transforming historic buildings into affordable housing for low-income families, seniors, and formerly homeless individuals. The Texas Department of Housing and Community Affairs (TDHCA) has played a significant financial role in supporting these projects.
In Texarkana, the former Hotel Grim, which opened in 1925, has been converted into the Lofts at the Grim. This development now offers 93 studio, one-, and two-bedroom apartments. Some units retain original features such as scroll plasterwork, floor-to-ceiling windows, and high ceilings from the building’s hotel era. TDHCA contributed to this project through its 4% Housing Tax Credit Program by awarding $1 million in tax credits for the renovation of the property located at 301 North State Line Avenue.
San Angelo’s Roosevelt Lofts is another example of historic reuse. This property provides 25 affordable units for residents aged 55 and older at 50 North Chadbourne Street. Originally constructed in 1929 as the Roosevelt Hotel (opened as the Rainbow Hotel), it was designed by John G. Becker and sits near San Angelo City Hall. The project received a 9% Housing Tax Credit from TDHCA in 2023.
In Brownsville, Buena Vida is undergoing redevelopment as part of an effort to provide modern housing while preserving historical significance. According to local reports, Buena Vida was among the first public housing projects built after the passage of the Housing Act of 1937 and completed in 1940. The new development broke ground on October 22, 2025, and will include 212 units serving families, elderly residents, and survivors of domestic abuse. A formal grand opening is planned for 2027.
TDHCA continues to support similar initiatives throughout Texas by providing resources for developers focused on affordable housing.
