Developers across Texas are converting historic buildings into affordable housing, with support from the Texas Department of Housing and Community Affairs (TDHCA). These projects aim to provide homes for low-income families, seniors, and individuals who have experienced homelessness.
In Texarkana, the former Hotel Grim has been transformed into the Lofts at the Grim. The building, originally opened in 1925, now offers 93 apartments that retain features such as original plasterwork and large windows. TDHCA contributed $1 million in tax credits through its 4% Housing Tax Credit Program to assist with the renovation.
San Angelo’s Roosevelt Lofts is another example of this trend. Located at 50 North Chadbourne Street, this property serves residents aged 55 and older. The building was constructed in 1929 as the Rainbow Hotel and later became known as the Roosevelt Hotel. It received a 9% Housing Tax Credit from TDHCA in 2023.
In Brownsville, Buena Vida is undergoing redevelopment after serving as one of the first public housing projects in the United States since its completion in 1940. The new development will include 212 units for families, elderly residents, and those affected by domestic abuse. Its groundbreaking took place on October 22, 2025, with a grand opening planned for 2027.
“The Texas Department of Housing and Community Affairs has served as a financial cornerstone for many of these historic properties, joining celebrants in 2024 and 2025 during groundbreaking ceremonies or opening their doors to families, senior citizens and formerly homelessness individuals.”
These efforts reflect ongoing initiatives to address affordable housing needs throughout Texas by repurposing historic structures for modern use.
