Affordable Housing
A project to house the homeless in Collin County was put on pause due to rising construction costs, but officials with Jericho Village say their plan is back on track and they’ll break ground in April. And while the $9.6 million project drew some opposition in the small Wylie community when it was first announced,…
The Dallas City Council approved almost 300 new housing units near the Bishop Arts District, and at least half will be affordable. The Dallas City Council on Oct. 25 authorized its Public Facility Corporation to acquire Banyan Flats at 2020 North Beckley Ave. The PFC will enter a 75-year lease agreement with Bishop Arts JV…
About $31 million will be available for Dallas housing in Fiscal Year 2023-24, courtesy of the U.S. Department of Housing and Urban Development. Dallas qualifies for four HUD-funded programs: Community Development Block Grant, HOME Investment Partnerships Program, Emergency Solutions Grant, and Housing Opportunities for Persons with AIDS. During a City Council presentation last week, Budget…
The biggest obstacles to developing affordable housing in Dallas are money and bureaucracy, a panel of experts said during an Oct. 20 webinar. Builders of Hope president and CEO James Armstrong, Hunt Realty developer KaDarius “KD” Smith, and Ojala Partners LP associate Kirk Presley served as panelists in a discussion hosted by Dallas Housing Coalition. …
By Rick Mauch Candy’s Dirt Contributor Affordable housing — both in single-family home ownership and multi-family leased housing — has, without question, become a challenge for many people in this country. Low-to-moderate-income workers are finding it harder and harder to afford a place, and many are being priced out of markets altogether. A Dallas-based national…
