'It is wrong': Lawsuit filed over affordable housing developer using 'tax scheme' in Williamson County

WILLIAMSON COUNTY, Texas (KXAN) –  Williamson County has sued the Cameron County Housing Finance Corporation for two future developments that they say will be tax-exempt, thus draining millions of dollars in valuable tax revenue, according to the county. Williamson County has alleged that the developer is using a loophole to build projects with tax exemptions by working with Housing Finance Corporations, or HFCs. These are intended to encourage developers to build more affordable