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~ ~ <br />MUSTON PROPERTIES <br />(713) 471-3961 <br />117 GARFIELD. LA PORTE, TEXAS 77571 <br />January 27, 1992 <br />Mayor Norman Malone and City Council <br />City of LaPorte <br />P. O. Box 1115 <br />LaPorte, Texas 77571 <br />Dear Mayor Malone and Council Members: <br />J <br />T,O~PI. AS3pC9~ <br />2 ~.~ <br />?s ~+ <br />9~rF P~S`t' <br />APP <br />Real Estate Appraisals <br />For four years, I have represented the City of LaPorte on the Roard of Directors <br />for the Southeast Texas Housing Finance Corporation. This non-profit corporation <br />provides funding for low-income housing throughout its range of eleven cities and <br />nine counties. <br />The corporation has issued bonds nearly every year since its inception, and main- <br />tains up-to-date records of the status of each of these mortgages. The corporation <br />has purchased and rehabilitated declining apartment projects as part of the low in- <br />come housing program. We are now trying to acquire and rehabilitate some of the <br />abandoned houses which constitute blights in various neighborhoods. The houses <br />will then be sold under our low-income guidelines. <br />These efforts are on-going, and it is necessary to have experienced board members <br />so that the continuity of this work will not suffer. I am honored to have recently <br />been selected to serve on the 'ttee of the board. My term will <br />expire on April 30, 1992 ~I am hereby requesting that Counci reappo ~ me o- <br />this board. <br />Sincerely, <br />Pat Muston ~`'QP°"' ~` `~`~' <br />'2. ~ew~ <br />G. tE'~~oJ <br /> <br />