Affordable Housing
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. …
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…
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…
Dallas leaders agree that two corporations responsible for financing affordable housing need diligent oversight. But a City Council Housing Committee majority agreed last week that instead of pausing the programs, projects should move forward while bylaw revisions are made. Public Facility Corporations (PFCs) and Housing Financing Corporations (HFCs) like the ones discussed at last week’s…
Following a debate we’ve all heard before over the merits of Public Facility Corporation Projects, the Dallas City Council authorized Mintwood Real Estate to proceed with a second phase of the Oakhouse mixed-income, multifamily development at 909 East Colorado Blvd. The council action on Wednesday authorizes the Dallas PFC to “acquire, develop, and own the…
