Affordable Housing
As new construction of single-family homes continues to become more expensive, even existing homes in affordable price points can be as fine as hen’s teeth in high-demand areas like the Bishop Arts District of Oak Cliff. But one community development corporation is aiming to change that — starting with one condo development. It’s been a…
Silicon Valley corporations like Facebook and Google are reviving the notion of a “company town.” For decades, Silicon Valley has been single-minded in a pursuit of wealth via technology. The minting of tech millionaires has driven real estate out of reach for many not caught in the thrall of stock options and IPOs. Constructing housing…
Being poor is no picnic in a thousand little ways. People give the poor grief for using food stamps to buy junk food and sugary drinks. And now, a study using data from the New York State Department of Health hints at a partial reason: Food manufacturers know food stamps are issued monthly and typically…
Yesterday morning, the Dallas City Council unanimously approved its first housing policy aimed at addressing affordable housing. It took a while, but we’ve finally put on our big boy pants. You may recall back in January the city rolled out a Market Value Analysis that measured housing across Dallas to map the varying levels of…
It’s official — the likelihood of finding an affordable home for less than $200,000 in Dallas-Fort Worth is slim to none, economists with Metrostudy said last week. “While DFW’s strongest price point during the last cycle, below $200,000, is no longer viable, the “new affordable” price bracket, $200,000 to $300,000 grows,” Paige Shipp, regional director…
