Affordable Housing
After an extensive community outreach effort, consultants announced last week they plan to target three areas of Southern Dallas for focused investment and more affordable housing in the Dallas Housing Policy 2033. The areas comprise about 10 percent of Dallas, said TDA Consulting Group President and CEO Dionne Roberts. “The target areas are intended to…
Councilwoman Cara Mendelsohn raised an interesting point during a discussion about affordable housing at Friday’s Dallas City Council meeting on the 2024 bond election. Why spend bond dollars — which require issuing debt and paying interest — on affordable housing when there are already more than a dozen mechanisms in place that could accomplish the…
The projects slated for a 2024 Dallas bond election are nowhere close to being finalized, but the latest memorandum from Assistant City Manager Robert Perez suggests what can be done with a baseline starting point of $60 million for housing. A $60 million housing bond, if approved, would fund six multifamily housing projects for a…
Developers like Builders of Hope CEO James Armstrong are trying their best to provide affordable housing in underserved areas, particularly in southern and West Dallas. The federal programs available for such projects — the Single Family Home Ownership Development Program and Land Transfer Program — are costly and restrictive, developers told members of the Dallas…
Every Dallas City Council member agrees that an unaffordable housing crisis exists in North Texas, but there are differences of opinion on how to best solve the problem. Case in point: A mid-December meeting of the City Council’s Housing and Homelessness Solutions Committee about reducing minimum lot size to provide for greater residential density was…
