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About
Who We Are
Based in San Antonio and founded in 2021, Urbanize, a HUB certified Texas corporation, seeks to construct environmentally friendly affordable housing as a Tax Credit Consultant or Co-Developer. Our Developments will result in the preservation of land, trees, and other natural resources. With a planet first mentality, we plan to assemble a legacy portfolio constructed of high quality sustainable multifamily units.
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The Problems
In Texas, there is a shortage of 594,194 rental homes to low income renters.
Texas cities are at high risk of flood waters as suburban areas grow and available green space decreases.
Texas' sprawling land patterns have led to increases in congestion, road fatalities, and pollution.
The Solutions
Leverage the Texas Tax Credit Program and Local TIF Funds to create equity financing for affordable housing.
Intentionally select redevelopment sites near job centers and amenities over suburban greenfield locations.
Develop dense housing in locations that promote a walkable lifestyle.
Why urbanize?
Our professional experience has allowed us to obtain advanced Texas Tax Credit knowledge.
Over the last six years, our team has made valuable industry specific relationships.
Our forward thinking strategies align well with neighborhood organizations and municipalities.
tHE Market Opportunity
TDHCA is allocated $2.61 in 9% Tax Credits per capita or $78,000,000 Tax Credits annually. TDHCA' developer max is $3,000,000.00 9% Tax Credits per year, roughly $30,000,000.00 in equity.
The 4% tax credit is restricted by a Private Activity Bond ceiling of $110 per capita or $3.2 billion in annual bond reservations.
There is a Tax Credit Program in every state. By 2050, our goal is to have established a Tax Credit office in every state .