Affordable housing

Fort Worth’s New Community Land Trust Aims to Keep Homes Affordable

By April Towery / July 18, 2024 /

Community Land Trusts have been kicked around in North Texas for years as an affordable housing option for residents who want to age in place or stay in the community they grew up in. Fort Worth is forging ahead with its new land trust, poised to build and renovate homes on a 15-acre site purchased…

American National Bank to Open South Dallas Loan Office to Help Residents With Affordable Housing Options

By CandysDirt / July 3, 2024 /

Staff Reports Dallas Housing and Neighborhood Revitalization Director Cynthia Rogers-Ellickson told us last month that city officials can’t provide affordable housing on their own. They need partners in private industry, the building community, and financial institutions.  American National Bank heard that call to action and is responding with a new loan production office on Exposition…

National Homeownership Month: Is it More Difficult For People of Color to Purchase a Home? 

By April Towery / June 11, 2024 /

Rising interest rates and flattening wages have made it increasingly more difficult for anyone to purchase a home. Add racial disparity to the mix, and it’s enough to make a once-eager prospective homebuyer throw in the towel.  June is National Homeownership Month, and CandysDirt.com is taking a look at the obstacles people face when making…

Multifamily Developer Larkspur Capital Makes a Case For Why Dallas Needs Public Facility Corporation Projects

By April Towery / May 30, 2024 /

A briefing on Public Facility Corporation housing projects — what they are and what merit they bring to Dallas — is tentatively slated for June, and affordable housing developers are already building a case to support what they say is a valuable and necessary funding mechanism for missing middle housing.  Larkspur Capital development associate Cole…

Dallas Bond Project Prioritization List Slated For Release in June

By April Towery / May 28, 2024 /

The ballots are counted and a project list totaling $1.25 billion now sits on the desk of Dallas Bond and Construction Management Director Jenny Nicewander. There are more than 800 bond projects that mean a lot to the voters who approved them and their elected council members — and everyone wants their project to go…