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Olive Tree’s Houston Affordable Housing Community to Get Spruced Up
Olive Tree Affordable Housing is spending $7.8 million on the 312-unit The Life at Westpark in West Houston. Built in 1994, Olive Tree took over the project in 2022. Its residents are reserved for those earning 60% of the area median income. Westpark’s affordability status was expected to expire in 2025, but Olive Tree is seeking another 75 years.
The upgrades will consist of improvements to 188 of the residences, 78 which are designated Fair Housing Accessibility units. They will feature new flooring, cabinets, countertops and bathroom fixtures. 82 other units have already been revamped or are in the process. Exterior upgrades will include roof replacements and landscaping hardware repairs.
Olive Tree’s Ian Bel is happy to help, “When we acquired the Life at Westpark, preserving the affordable longevity as well as ensuring that Houston-area residents continue to have access to high-quality and safe affordable options was of paramount importance.” Improvements should be done early next year.
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