Affordable Housing

Cypress Creek at Forest Lane Project Inches Forward With Council Vote Set June 14

By April Towery / May 11, 2023 /
(Photo: Mimi Perez for CandyDirt.com)

The Dallas City Council on Wednesday authorized City Manager T.C. Broadnax to move forward with closing and land acquisition for the Cypress Creek at Forest Lane project in the Lake Highlands area, while remanding a lease agreement to the Housing Committee for consideration May 22. Following a lengthy debate over racial equity, legal ramifications, and…

Read More

Cypress Creek at Forest Lane is Set for City Council Vote Wednesday, But it Won’t be a PFC Project 

By April Towery / May 9, 2023 /

Cypress Creek at Forest Lane, a mixed-income apartment complex proposed most recently as a Public Facility Corporation project, is going before the Dallas City Council on Wednesday, but the PFC funding mechanism won’t work, city officials say. The 189-unit project is being developed by Zach Krochtengel of Sycamore Strategies and was the subject of a…

Read More

HUD Funds Come up Once Again in Dallas City Council Budget Amendment Talks

By April Towery / May 4, 2023 /
(Photo: Mimi Perez for CandyDirt.com)

The City of Dallas has about $32 million from the U.S. Department of Housing and Urban Development to spend this budget year. The HUD funds will go toward housing programs covered by the city’s Community Development Block Grant program and Home Investment Partnerships Program, among other initiatives.  City Council members were briefed Wednesday on how they…

Read More

Council Approves 3 New Apartment Developments Under Public Facility, Housing Finance Structures

By April Towery / April 27, 2023 /

During the “silly season” of campaigning to keep their elected city council seats, Dallas officials are giving passionate speeches from the horseshoe about the causes they believe in.  District 12 Councilwoman Cara Mendelsohn has already won — she’s running unopposed — but she’s doubling down during every agenda meeting about the Public Facility Corporation projects…

Read More

Dallas Council Balks at Staff Suggestion to Require Electric Vehicle Wiring in Newly Built Homes

By April Towery / April 19, 2023 /

A proposed requirement for builders to create “electric vehicle-ready” space when constructing new homes — thus passing a cost of about $800 to homebuyers who might never purchase an electric vehicle — was amended by the Dallas City Council in an effort to remain committed to its goal of providing affordable housing.  A change to…

Read More