Chad West
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…
North Oak Cliff is indeed getting a Sprouts Farmers Market, but it wasn’t the slam-dunk approval that it appeared to be. A casual observer at Wednesday’s Dallas City Council meeting probably wouldn’t know that the unanimously approved rezoning request was the result of a hard-fought battle almost two years in the making. The City Plan…
Streets will take priority in the 2024 Dallas bond package, officials announced during a briefing last week. Jennifer Nicewander, interim director of Bond and Construction Management, said the city is forecasting a $1 billion bond election, but needs totaling at least $14 billion have been identified. Therefore, the City Council is tasked with prioritizing and…
Dallas leaders acknowledged Wednesday that their rush to adopt a housing policy in May was in response to “compliance allegations” from the city auditor, the U.S. Department of Housing and Urban Development, and the media. They also were getting pushback from the public to invest in more affordable housing. What resulted is a new, revamped…
Mintwood Real Estate broke ground Monday afternoon on a 219-unit multi-family development that will bring affordable and market-rate housing to Dallas in 2024. The Oakhouse development at 900 E. Colorado Blvd. is one of more than a dozen projects recently approved by the Dallas City Council under the Public Facility Corp. financing structure. Oakhouse is the…
