Affordable Housing
Community development corporations like James Armstrong’s Builders of Hope want to provide affordable housing in underserved areas, but they say they can’t do it without assistance from the city such as a land transfer or forgivable loan — or both. To alleviate that pressure and help get more rooftops on the way, Dallas City Council…
Read MoreWe can tell you what was said during a Dallas City Council discussion last week on expanding housing development options and reducing minimum lot size requirements. We’ve pulled some great quotes from the two-hour briefing and heard what residents on both sides have to say. But you still might walk away wondering what’s really going…
Read MoreAfter 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…
Read MoreCouncilwoman 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…
Read MoreThe 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…
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