Affordable Housing

From Cubicles to Condos: Dallas Ranks High in Office Conversions

By Charles Grand / February 13, 2025 /

Conversion of office space into apartments has ramped up over the last few years, with Dallas placing fifth among metro areas across the United States for most units in the works this year. According to a study published by RentCafe on Monday, D-FW has 2,752 units in the pipeline as a result of adaptive reuse,…

Builders Spared Additional Tariffs on Lumber for Now

By Charles Grand / February 6, 2025 /

An impending wave of import tariffs poised to drive up the cost of construction was narrowly averted on Monday after President Donald Trump put a pause on their implementation. Trump touted tariffs on the campaign trail as a tool to raise revenue and remediate the nation’s trade deficits. Rhetoric became official U.S. policy this past…

‘Traveling’ Housing Finance Corp. Projects Could Take $1 Billion Off Dallas Tax Rolls

By April Towery / January 29, 2025 /

In between debates over school vouchers and immigration policies, the Texas Legislature could address this session a little-known but potentially dangerous initiative of “traveling  Housing Finance Corporation projects” that experts say could erode the Dallas tax base while undermining the integrity of the HFC programs that have delivered thousands of affordable housing units locally.  The…

Dallas Housing Authority Seeks Landlords to Help Families Move to High-Opportunity Areas

By April Towery / January 22, 2025 /

A $5 million grant from the U.S. Department of Housing and Urban Development will help relocate North Texas families to neighborhoods with lower poverty rates, but despite attractive signing bonuses and rent guarantees, landlord participation is lacking. Dallas Housing Authority (DHA) Chief Research & Innovation Officer Myriam Igoufe sat down with CandysDirt.com last week to…

Dallas Housing Opportunity Fund Deemed ‘Wildly Successful’ in Affordable Housing Deals with Private Investors

By April Towery / January 13, 2025 /

The Dallas Housing Opportunity Fund, a public-private partnership to provide affordable housing units, is exceeding expectations, officials reported at a Jan. 6 meeting of the City Council’s Economic Development Committee.  The DHOF is a targeted $46 million investment fund primarily supported by private philanthropic donors. The City of Dallas offered an initial $6 million through…