Affordable Housing
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…
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…
One week away from a much-anticipated first look at a revamped Comprehensive Housing Policy, the Dallas City Council teed up two new developments during a Wednesday meeting. One will be financed under the Dallas Housing Finance Corporation and the other is a Public Facility Corporation project. Both financial structures have been scrutinized by critics due…