Houston receives 2-year extension to spend $1.2B federal funds on Hurricane Harvey housing recovery.

Houston granted 2-year extension to spend $1.2B in federal money for Hurricane Harvey housing recovery. The U.S. Department of Housing and Urban Development allows Texas to extend spending or paying back $5.7B meant for Harvey housing. Houston received $1.3B after Harvey in 2017, mostly for housing damage, and faced tough market conditions and deadline issues.