Affordable Housing

Dallas Housing Opportunity Fund Reaches $41.5M with New Investments for Affordable Homes

By CandysDirt / November 30, 2024 /

From Staff Reports Three investors announced last week through LISC Fund Management, LLC, that they’re contributing a combined $15 million to the Dallas Housing Opportunity Fund for affordable housing development across the city. The donations from Charles Schwab Bank, KeyBank, and BOK Financial bring the fund’s total to $41.5 million. Launched in 2022 with $6…

Former North Texas Lawmaker, NFL Player Tapped to Lead Housing and Urban Development

By Charles Grand / November 28, 2024 /

President-elect Donald Trump announced on Friday evening that he’s nominating former Texas lawmaker and D-FW native Scott Turner to head up the U.S. Department of Housing and Urban Development. “Scott will work alongside me to Make America Great Again for EVERY American,” Trump wrote in a statement touting his pick’s accomplishments. Turner, a former NFL…

Jaime Resendez Champions Palladium USA’s Southeast Dallas Transit-Oriented Development

By April Towery / November 25, 2024 /

An underutilized Dallas Area Rapid Transit parking lot is destined for a walkable mixed-use development with about 300 housing units, greenspace, and recreational opportunities.  Southeast Dallas Councilmember Jaime Resendez liked the project — presented by local developer Palladium USA — so much that he promoted it in two languages from the horseshoe on Nov. 13. …

Anti-Displacement Toolkit: Helping Legacy Residents Stay in Their Dallas Homes

By April Towery / November 19, 2024 /

As gentrification reshapes neighborhoods across Dallas, Builders of Hope Community Development Corp. is helping vulnerable residents fight back with a comprehensive anti-displacement toolkit aimed at preserving the city’s legacy communities. The “Right to Stay” initiative, devised in partnership with the Dallas Housing and Community Development Department and significant community input, recommends policies and programs that…

Noble Ridge to Offer 700 ‘Attainably Priced’ New Homes in Howe, Texas

By CandysDirt / November 18, 2024 /

From Staff Reports  A new 700-home master-planned community is under construction in Grayson County’s Howe, Texas, with homes priced from $300,000.  North Texas real estate developer Rockhill Capital & Investments announced its plans earlier this month for Noble Ridge, named for its location on the highest point in Grayson County. Model homes by K. Hovnanian Homes…