Affordable Housing

County Court Building Repurposed Into 230 Mixed-Income Units at Gateway Oak Cliff 

By April Towery / September 8, 2024 /

More than 200 apartments just became available to North Oak Cliff renters, and they’re in the sweet spot of affordability.  Dallas County and Catholic Housing Initiative opened the 230-unit mixed-income Gateway Oak Cliff development in July. The $45 million project was funded in part by Oak Cliff Gateway Tax Increment Financing dollars.  The apartment complex…

Dallas Housing Policy 2033 Focuses on Action But Not Data

By April Towery / September 2, 2024 /

How does the Mark Twain quote go? “There are three kinds of lies: lies, damned lies, and statistics.” The City of Dallas loves a good survey and sky-is-falling data, but when the numbers don’t support the narrative of a particular individual or advocacy group, they’re quickly dismissed. And to be fair, there’s also probably another survey…

Dallas Council Members West, Mendelsohn Agree to Disagree on Public Facility Corporation 

By April Towery / August 28, 2024 /

Editor’s Note: This story was updated Aug. 29 to include a statement from Child Poverty Action Lab Chief of Housing Ashley Flores. If District 1 Dallas City Councilman Chad West was hoping for full support of Public Facility Corporation projects as a mechanism for providing much-needed multifamily workforce housing, he is probably disappointed.  Several months…

Sycamore Strategies Cypress Creek Multifamily Project Awarded $20M in Tax Credit Financing

By CandysDirt / August 12, 2024 /

Staff Reports A Montfort Drive multifamily project north of the Dallas Galleria that will offer mixed-income housing and shelter for the formerly homeless will open in early 2026, officials announced recently. Sycamore Strategies’ Zach Krochtengel, Hunt Capital Partners, and Bonner Carrington were awarded $20 million in Low Income Housing Tax Credit financing for the 168-unit…

Could Costco Bring Its Own Mixed-Use Concept to D-FW? Possibly, Analysts Say

By Tommy Cummings / August 5, 2024 /

The 2006 movie Idiocracy might have been more foretelling for Costco than previously imagined. In Idiocracy, Luke Wilson’s character participates in a top-secret hibernation program. The program is so secret that it is forgotten, and he wakes up in the distant future as the most intelligent guy on the planet. In his adventure to get…