Harris County backs $20 million Baypointe renovation to preserve affordable housing
Baypointe Apartments in Webster is getting a $20 million overhaul, preserving 236 affordable homes for 30-plus years instead of risking displacement.
Baypointe Apartments in Webster is getting a $20 million renovation designed to keep 236 affordable homes in place for more than 30 years, a preservation move meant to avoid displacing the families already living there.
The property at 901 S Kobayashi Rd. has 236 units, including 60 one-bedroom apartments, 96 two-bedroom units and 80 three-bedroom homes. Originally placed in service in 2007, the complex was already covered by an affordability agreement with the state, and the current work is aimed at extending that affordability rather than letting the property age out or be replaced by a new development.
April Housing, Blackstone Real Estate’s affordable-housing portfolio company, is partnering with Harris County Housing Finance Corp. on the project. The financing depends on 4% low-income housing tax credits and tax-exempt bond financing, two standard tools for preserving apartments while paying for capital repairs, modernization and other upgrades that can keep a property usable for decades.
The county housing finance corporation has made preservation a core part of its mission. Created on June 30, 1980, under the Texas Housing Finance Corporations Act, the nonprofit says it has 40 multifamily projects announced, underway or completed, serving or slated to serve about 8,000 families and individuals. The agency also says it wants to scale up to support about 10,000 single- and multifamily units per year.
For Webster and the surrounding Bay Area Houston market, the practical question is not just whether Baypointe looks newer, but whether rents stay within reach while the building is repaired. A HUD Housing Network listing from May 9 showed the property as low-income housing with rents ranging from $321 to $690, underscoring why preservation matters in a region where new supply alone has not solved affordability pressures.
April Housing held a hard-hat tour at Baypointe on April 2, 2026, to show the renovation work underway. A formal grand reopening is planned for late 2026, when the refreshed complex is expected to return as a long-term affordable option in Webster rather than a lost one.
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