Affordable Housing
A new bipartisan housing affordability law went into effect over the weekend, offering some hope to prospective homebuyers. The 21st Century ROAD to Housing Act was passed by Congress on June 23. It became law on Saturday after President Donald Trump declined to veto it. Provisions in the law aim to expand the national housing…
On Tuesday, the Dallas Housing Finance Corporation will consider entering into a two-year agreement with a local economist to study the impact of housing finance corporation and public facility corporation projects on communities. The initiative comes as officials grapple with devising new policy statements for the Dallas HFC and PFC. Board members from the two…
The Lone Star State’s multifamily market is competing to lead the nation in rent correction, with apartment renters gaining leverage as vacancy rates tick up and units stay on the market longer. Reliable Cash Home Buyers put together a renter leverage index using apartment listing metrics like vacancy rate, time on the market, and year-over-year…
Dallas City Council members once again signed off on a new affordable housing deal to support the construction of mixed-income housing near the Dallas Medical District, keeping up the city’s purportedly unbroken track record on such projects. GoodHomes Communities, a real estate investment firm that specializes in redeveloping underperforming hospitality or senior properties into workforce…
City leaders are divided over whether Dallas is really facing a housing affordability crisis — and if so, what should officials be doing about it? That question surfaced Wednesday as council members were briefed on the state of housing in Dallas and a new strategic plan aimed at making housing more attainable across the city.…
