From AMTEX's press release:
A ribbon-cutting ceremony was the highlight of a special event on Thursday, October 28, celebrating the recent opening of the AMTEX Green Oaks Apartments, a new 177-unit multifamily affordable housing community in northeast Houston. The celebration drew attendance by nearly 100 guests, including senior executives and representatives from AMTEX and Mayfair Management Group, who are respectively the property developer and the management company for Green Oaks, as well as residents, local businesses, community leaders, elected officials, and students from nearby Spence Elementary School in the Aldine ISD.
Located at 1475 Gears Road, the $34 million AMTEX Green Oaks Apartments Development is designed to close the substantial shortage of affordable housing units in Houston.
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Houston Housing Authority Board Chairman LaRence Snowden described the deep need for affordable rental housing and emphasized the importance of public and private financing, stating, "We cannot afford to leave behind the many families and individuals who spend more than 30 percent of their income on housing. They will never get ahead and make a better life for themselves without affordable options."
Read AMTEX's press release, featuring the Houston Housing Authority.