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Residents, commissioners warn out-of-county housing finance corporation activity is removing Williamson County properties from tax rolls
Summary
Bill Coverlaw, a Williamson County resident and retired Navy captain, told the Williamson County Commissioner's Court on Feb. 25 that a Cameron County Housing Finance Corporation has been acquiring Williamson County properties and seeking to remove them from local tax rolls.
Bill Coverlaw, a Williamson County resident and retired Navy captain, told the Williamson County Commissioner’s Court on Feb. 25 that a Cameron County Housing Finance Corporation (HFC) has been acquiring and attempting to shelter Williamson County properties from local tax rolls.
Coverlaw said two new apartment complexes in Hutto are the immediate examples. “That’s about $1,200,000 of property tax revenue lost to the Hutto ISD each year,” he said, later calling the operation “a scam” and urging the court to press…
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