Affordable housing
About $4.4 million has been collected since May for a little-known affordable housing incentive program known as the Mixed-Income Housing Development Bonus. The MIHDB fund was created by the Dallas City Council last year to provide incentives like changes in height, floor area ratio, density, or parking reduction in exchange for on-site affordable units. Developers…
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Same song, different verse: An affordable housing project is proposed on Forest Lane, and the majority of the residents don’t like it. This version involves District 2 Dallas County Commissioner Andy Sommerman, who held a public meeting Monday night on the proposed Cottonwood Forest single-family development. Dallas County secured American Rescue Plan funds — designated solely…
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A proposal last week to accept additional Community Development Block Grant funds evolved into a larger discussion of how those dollars can be used to spur alternative housing options and shelter the homeless. City leaders revealed Wednesday that an additional $15,967 is available to the City of Dallas in disaster recovery funds, adding to the…
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Houston touted its Community Land Trust as an innovative solution to lead the nation in affordable housing. The plan fell short, funding was slashed, and bureaucracy got in the way, according to a comprehensive report in the Texas Tribune last month. But Houston didn’t have Linda McMahon, president and CEO of The Real Estate Council,…
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By Alan TallisSpecial Contributor In a little more than a year of working in collaboration, city staff and the Board of Directors of the Dallas Public Facility Corporation (DPFC) have approved close to $1 billion in new Class A multi-family housing. The number of apartment homes totals 4,195 units consisting of one-, two-, and three-bedroom…
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