Corpus Christi Housing Authority loses insurance coverage over controversial tax-exempt deals

Corpus Christi Housing Authority loses insurance coverage over controversial tax-exempt deals

The Texas Municipal League Intergovernmental Risk Pool (TML) will not renew insurance coverage for the Corpus Christi Housing Authority (CCHA), citing concerns about the agency's controversial public-private partnerships that could remove $350 million worth of luxury apartments from local tax rolls.In a June 3 letter, TML notified the CCHA it would no longer provide insurance after October 1, 2025, pointing to "blended ownership structures" with…