Houston Chronicle

5602 Selinsky

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The former Crestmont West, a 308-unit complex severely damaged by Hurricane Ike in 2008, will be demolished and rebuilt as The Pointe at Crestmont with 192 units of affordable housing. The city has approved $20 million in bond financing through the Houston Housing Finance Corp., and developer LDG Multifamil­y will receive state housing credits, city block grants and city reinvestme­nt funds.

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