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Petroleum Building housing project hinges on $600K loan request to city – Earlier this year, the Texas Department of Housing and Community Affairs approved tax credits to Alton Plaza LLC’s parent company, Saigebrook Development, to convert the 65-year-old Petroleum Building.
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National Flood Insurance Program set to expire, threatening Houston-area home sales – In the simplest terms, if the NFIP expires, virtually no homes in any floodplain could be bought or sold, if that deal involves a mortgage company. That’s because anyone buying a home with a federally.