Affordable Housing

Dallas Program Aims to Protect Neighborhoods Against Displacement, But Hurdles Make it Hard For Seniors

By April Towery / March 7, 2023 /

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…

Board Member: Public Facility Corporation Projects Can Offer Public Benefit for Dallas

By CandysDirt.com Contributor / March 7, 2023 /

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…

Everything You Need to Know About Dallas Housing Policy 2033 And Why it Matters 

By April Towery / March 1, 2023 /

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…

Resistance Mounts Against ‘Shady’ Tax-Exempt Public Facility Corporation Projects 

By April Towery / February 28, 2023 /

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…

Female-Owned Mintwood Real Estate is First In Dallas to Break Ground on a Public Facility Corp. Development

By April Towery / February 28, 2023 /

Mintwood Real Estate broke ground Monday afternoon on a 219-unit multi-family development that will bring affordable and market-rate housing to Dallas in 2024. The Oakhouse development at 900 E. Colorado Blvd. is one of more than a dozen projects recently approved by the Dallas City Council under the Public Facility Corp. financing structure. Oakhouse is the…