Affordable Housing
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…
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…
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…
Community Land Trusts have been kicked around in North Texas for years as an affordable housing option for residents who want to age in place or stay in the community they grew up in. Fort Worth is forging ahead with its new land trust, poised to build and renovate homes on a 15-acre site purchased…
Staff Reports Dallas Housing and Neighborhood Revitalization Director Cynthia Rogers-Ellickson told us last month that city officials can’t provide affordable housing on their own. They need partners in private industry, the building community, and financial institutions. American National Bank heard that call to action and is responding with a new loan production office on Exposition…
