The El Paso Model

How Two Billionaires & The Rockefeller Foundation Created a National Housing Scheme
"Resilience" as Cover for the Largest Public-to-Private Transfer in El Paso History

⚠️ INVESTIGATION SUMMARY

This investigation reveals how El Paso businessman Paul Foster and developer Woody Hunt leveraged their positions on the UT System Board of Regents and the Rockefeller Foundation's 100 Resilient Cities program to create a national model for redirecting public housing funds to private developers. The scheme rebrands low-income housing as "workforce housing," excludes students from affordable housing to force them into expensive university developments, and uses "resilience" planning to legitimize massive downtown real estate consolidation.

$1.3B
RAD Housing Program Value
$5.8B
Foster's Refinery Sale
100
Resilient Cities Worldwide
$75M
City Incentives to Foster
THE POWER PLAYERS
Woody Hunt
Developer / UT System Regent
  • Vice-Chairman, UT System Board of Regents (1999-2005) Conflict
  • Member, Facilities Planning & Construction Committee Conflict
  • Chairman, UTIMCO ($80B+ UT/A&M endowments)
  • Hunt Companies CEO (40% owner of Moss Construction)
  • Largest builder of military housing in US
  • Co-founder, MountainStar Sports Group (w/ Foster)
  • Board Member, WestStar Bank
  • Founding Chairman, Borderplex Alliance
  • 30+ RAD "Workforce Housing" developments in El Paso
  • Formed Hunt Campus Solutions (2024) - 20,000+ university beds
Paul Foster
Billionaire / Former UT System Regent Chairman
  • Vice Chairman & Chairman, UT System Board of Regents Conflict
  • Chairman, UTIMCO Conflict
  • Founder/CEO, Franklin Mountain Investments ($1.7B net worth)
  • Owns 13+ Downtown El Paso properties (Mills Plaza District)
  • Owns Wells Fargo Plaza (21 stories)
  • Owns One San Jacinto Plaza (18 stories)
  • Co-founder, MountainStar Sports Group (w/ Hunt)
  • Board Member, WestStar Bank
  • Board Member, Jordan Foster Construction
  • Founding Chairman, El Paso Regional Economic Dev Corp
  • Executive Committee, Borderplex Alliance

Shared Power Positions

  • Both served on UT System Board of Regents - the governing body that approves all UTEP construction projects including student housing
  • Both served as Chairman of UTIMCO - managing $80+ billion in university endowments
  • Co-founders of MountainStar Sports Group - built with city-funded $50M+ Southwest University Park
  • Both on WestStar Bank Board - El Paso's largest locally-owned bank
  • Both founding members of Borderplex Alliance - regional economic development organization
  • Co-founders of "Citizens for Prosperity" PAC (2007) - funded pro-development City Council candidates
  • Both major donors to Texas Tech & UTEP - buildings named after each of them
THE 100 RESILIENT CITIES INTERVENTION

🏛️ The Rockefeller Foundation's Role

In December 2013, El Paso was selected as one of the first cohort of cities for the 100 Resilient Cities program - a $164 million Rockefeller Foundation initiative. The program identified "lack of affordable housing" as one of the most common "chronic stresses" facing cities globally.

Funding & Structure

Rockefeller funded El Paso's Chief Resilience Officer position and provided access to "Platform Partners" valued at $200M+ in services

HR&A Advisors

Consulting firm led "agenda-setting workshops" for El Paso and 5 other North American cities

Community Engagement

95+ events conducted (2015-2016), reaching 12,000 face-to-face + 70,000 digitally

Resilience Strategy

Published February 2018, emphasizing "innovative finance" and "private sector partnerships" for housing

The Framework

Identified chronic stresses: aging infrastructure, inadequate transit, and LACK OF AFFORDABLE HOUSING

Global Impact

$3.35 billion catalyzed globally for "resilience projects" ($1.22B in North America)

THE TIMELINE: HOW IT UNFOLDED
1999

Hunt Appointed to UT Board

Governor George W. Bush appoints Woody Hunt to UT System Board of Regents. Hunt becomes Vice-Chairman and serves on Facilities Planning & Construction Committee.

2003

Foster & Hunt Lobby Together

Foster and Hunt (along with J. Robert Brown, Ted Houghton, Rick Francis) lobby Governor Rick Perry for $12M for El Paso medical school from his $295M enterprise fund.

2006

Downtown Plan Adopted

El Paso adopts 2006 Downtown Plan - the foundation for future RAD developments and "workforce housing" strategy.

2007

Citizens for Prosperity PAC

Woody Hunt creates PAC with Paul Foster, Rick Francis, J. Robert Brown, Harold Hahn, and Ted Houghton to fund pro-development City Council candidates.

2012

MountainStar Sports Group

Foster and Hunt co-found MountainStar Sports Group. El Paso voters approve Quality of Life Bond including funds for downtown arena and ballpark infrastructure.

2013

100 Resilient Cities Selection

El Paso selected in December 2013 as one of first cohort of 100 Resilient Cities. Rockefeller Foundation funds Chief Resilience Officer position.

2015-16

Resilience Planning & Foster's Land Grab

HR&A Advisors conducts workshops. 95+ community engagement events. Foster begins massive downtown property acquisition during "resilience" planning process.

2018

Resilience Strategy Published

El Paso Resilience Strategy published February 2018, emphasizing public-private partnerships and "innovative finance" for housing and infrastructure.

2018-20

RAD Housing Boom

Hunt/Moss partnership completes majority of 30+ RAD developments marketed as "workforce housing" but legally restricted to 60% AMI or below.

2019

100RC Program Ends

100 Resilient Cities officially ends July 31, 2019, but Rockefeller commits $8M to continue supporting Chief Resilience Officers and member cities.

2024

Hunt Campus Solutions Formed

Hunt Companies forms Hunt Campus Solutions specifically for university housing management. Currently manages 20,000+ beds at universities nationwide.

2025

UTEP $108M Housing Approved

UT System Board of Regents approves $108M student housing complex at UTEP ($236,842 per bed). To be repaid through student housing fees.

HOW EACH PROFITED

💰 Paul Foster's Gains

Western Refining Sale (2017) $5.8B
Wells Fargo Plaza 21 Stories
One San Jacinto Plaza 18 Stories
Mills Plaza District Properties 13+ Buildings
City Incentives (Historic Preservation) $75M+
Billy Abraham Properties $10.4M
Campo del Sol (10,000 homes) Developing

💰 Woody Hunt's Gains

RAD Program Value $1.3B
30+ RAD Developments El Paso
Hunt Campus Solutions 20,000 Beds
UH RISE Center (Hunt + Moss) $70M
UTEP Student Housing (2025) $108M
Georgia Tech + Albany State + Savannah State Facilities Mgmt
Hunt Companies Employees 4,000+
THE SCHEME EXPLAINED

The 10-Step Model That Went National

100 Resilient Cities Identifies "Chronic Stress"

Rockefeller Foundation identifies "lack of affordable housing" as a universal urban challenge requiring "innovative solutions"

↓

Cities Hire Chief Resilience Officers

Funded by Rockefeller, CROs develop "resilience strategies" emphasizing public-private partnerships and private sector involvement

↓

"Workforce Housing" Becomes The Solution

Housing is marketed to teachers, nurses, first responders (80-120% AMI) as solving the "missing middle" crisis

↓

Legal Bait-and-Switch

Projects are legally restricted through LURAs to 60% AMI or below - traditional low-income housing rebranded

↓

Developers Self-Deal

Hunt secures financing → Moss (40% Hunt-owned) builds → Profits stay within same corporate ecosystem

↓

When Workforce Housing "Fails"

Teachers and nurses can't afford the units (need 60% AMI or below). System didn't fail - it was never designed for them

↓

Student Housing Becomes Next "Crisis"

Universities face 100% capacity, students are "housing insecure" - but students are EXCLUDED from LIHTC affordable housing

↓

Universities Build Expensive Housing

P3 partnerships with developers (like Hunt). Debt financed. Students pay through housing fees. Example: UTEP $236,842 per bed

↓

SEIU Provides Political Cover

"Bargaining for the Common Good" reframes housing as "essential worker infrastructure" - unions support developer-friendly policies

↓

Model Scales Nationally

El Paso blueprint exported through 100RC network to Los Angeles, Minnesota, and 98 other cities worldwide

🔍 Critical Documents to Obtain

1. El Paso Resilience Strategy (February 2018)

Who wrote it? Which private sector partners were consulted? What specific housing recommendations were made? How much influence did Hunt/Foster have?

2. HR&A Advisors Contracts & Reports

How much was HR&A paid? What were their deliverables? Who did they meet with? What recommendations did they make about housing and development?

3. 100RC Platform Partner Agreements

Which companies had "free" access to El Paso through the Platform Partner program? What services did they provide? Who benefited?

4. LURAs for All Hunt/Moss RAD Projects

Public Information Act request for Land Use Restriction Agreements. Do they match the marketing? Are they 60% AMI when marketed as 80-120% AMI?

5. Bond Prospectuses for "Workforce Housing"

What representations were made to bond investors? Could "workforce housing" marketing constitute securities fraud if legally restricted to lower income?

6. Identity of Interest Disclosures (HUD Forms)

HUD-mandated forms revealing profit-sharing details between Hunt and Moss. What percentage of profits stay in the Hunt family?

7. UT Board of Regents Meeting Minutes (2013-2025)

All votes by Hunt and Foster on UTEP projects, student housing approvals, and contracts. Did they recuse themselves? If not, why not?

8. Citizens for Prosperity PAC Filings

Which City Council candidates did Hunt/Foster fund? What positions did those candidates take on housing, development, and downtown projects?

9. City Incentive Agreements for Foster Properties

$75M in public incentives for Foster's "historic preservation." What were the terms? What did El Paso get in return? Were there affordable housing requirements?

10. UTEP Housing Contract Documents

Who is building the $108M student housing? If it's a Hunt/Moss entity, how was the contract awarded? Was there competitive bidding?

WHY THIS MATTERS

This is not a story about two successful businessmen making money through legitimate development. This is a story about systemic corruption where individuals serving on the governing board of a public university system approved projects from which they directly profited.

It's about misrepresenting housing to the public and potentially to bond investors - calling projects "workforce housing" when they're legally restricted to much lower incomes.

It's about using a Rockefeller Foundation program as cover for the largest consolidation of downtown real estate and the capture of public housing funds by private developers in El Paso's history.

Most importantly, this model was exported to 100 cities worldwide. El Paso was the prototype. Understanding how it worked here is essential to understanding how "resilience" planning became a mechanism for privatizing public resources nationally.

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