Affordable Housing
Dallas leaders agree that two corporations responsible for financing affordable housing need diligent oversight. But a City Council Housing Committee majority agreed last week that instead of pausing the programs, projects should move forward while bylaw revisions are made. Public Facility Corporations (PFCs) and Housing Financing Corporations (HFCs) like the ones discussed at last week’s…
Following a debate we’ve all heard before over the merits of Public Facility Corporation Projects, the Dallas City Council authorized Mintwood Real Estate to proceed with a second phase of the Oakhouse mixed-income, multifamily development at 909 East Colorado Blvd. The council action on Wednesday authorizes the Dallas PFC to “acquire, develop, and own the…
Opal Lee, the Fort Worth resident acclaimed as the “grandmother of Juneteenth,” will be an honored guest at the BuildStrong Lunch, the annual fundraiser for Trinity Habitat for Humanity, the Tarrant County chapter of the international Habitat for Humanity non-profit organization. Tuesday is the deadline for registering for the complimentary luncheon, set for noon to…
Strong Towns founder Charles Marohn has some ideas for how cities can “escape the housing trap” and become more prosperous. He pitched his suggestions for Dallas — including code reform, creating a network of small-scale incremental developers, and localizing housing finance — at a gathering in Oak Cliff last week. “When we ask people, ‘Are…
New data released Monday shows that Dallas has increased its net housing supply by just 5% since 2017. These modest gains coupled with rising home prices and a lack of “missing middle” housing are part of the familiar refrain for Dallas’ affordability woes. The key takeaway isn’t that Dallas is fumbling in the dark as…
