Affordable Housing
Houston touted its Community Land Trust as an innovative solution to lead the nation in affordable housing. The plan fell short, funding was slashed, and bureaucracy got in the way, according to a comprehensive report in the Texas Tribune last month. But Houston didn’t have Linda McMahon, president and CEO of The Real Estate Council,…
Dallas has an arsenal of tools to assist homebuyers and homeowners, and city staff is working to fine-tune its programs to protect against displacement and gentrification, officials said recently. One such tool is the Dallas Anti-Displacement Homebuyer Assistance Program, which allows buyers who have lived in Dallas for at least 10 years and have an…
By Alan TallisSpecial Contributor In a little more than a year of working in collaboration, city staff and the Board of Directors of the Dallas Public Facility Corporation (DPFC) have approved close to $1 billion in new Class A multi-family housing. The number of apartment homes totals 4,195 units consisting of one-, two-, and three-bedroom…
Dallas leaders acknowledged Wednesday that their rush to adopt a housing policy in May was in response to “compliance allegations” from the city auditor, the U.S. Department of Housing and Urban Development, and the media. They also were getting pushback from the public to invest in more affordable housing. What resulted is a new, revamped…
Two housing projects seeking funding through the Dallas Public Facility Corporation have drawn the ire of neighbors and City Council members alike. At a Tuesday meeting of the Dallas PFC Board of Directors, 11 residents raised concerns or outright opposed the controversial projects through which developers get a 75-year tax-free lease in exchange for providing…
