A homebuilder who has several developments in Houston has gone under.
Kimball Hill Homes announced it's filing for bankruptcy.
"We deeply regret the necessity of today's decision, but given the current housing and financial market conditions we are simply unable to conduct normal operations while the Company continues its sale efforts," said Ken Love, Chief Executive Officer.
The company's website shows that Kimball Homes has developments throught the Houston burbs, mostly on the west and northwest side outside Highway 6.
Fox 26 talked to homeowners worried about empty lots next to their newly built homes. They're not too happy.
The Chicago-based company also builds homes nationwide, including Dallas/Fort Worth, Austin and San Antonio.
For what it's worth, Kimball Homes has set up a hotline for homeowners with questions. Call 1-877-631-3923 if you dare; we got a busy signal.
-- Richard Connelly
Keep the Houston Press Free... Since we started the Houston Press, it has been defined as the free, independent voice of Houston, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Houston with no paywalls.