James Armstrong

Instant Equity Homeownership Offered at New Builders of Hope Community in Farmers Branch

By April Towery / March 20, 2024 /

Builders of Hope Community Development Corporation is branching out with a new affordable housing project that aims to allow legacy residents and low-to-middle-income buyers stay close to their jobs in Farmers Branch.  The Porches at Valwood Park is a Community Housing Development Organization (CHDO) project where Builders of Hope will construct new homes on empty…

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Dallas Housing Policy Amended to Fill More Financing Gaps For Affordable Home Construction

By April Towery / February 27, 2024 /

Community development corporations like James Armstrong’s Builders of Hope want to provide affordable housing in underserved areas, but they say they can’t do it without assistance from the city such as a land transfer or forgivable loan — or both.  To alleviate that pressure and help get more rooftops on the way, Dallas City Council…

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Memorandum Outlines Plans to Clean Up Messy Dallas Housing Programs Criticized by Local Builders

By April Towery / January 8, 2024 /

Developers like Builders of Hope CEO James Armstrong are trying their best to provide affordable housing in underserved areas, particularly in southern and West Dallas.  The federal programs available for such projects — the Single Family Home Ownership Development Program and Land Transfer Program — are costly and restrictive, developers told members of the Dallas…

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CandysDirt.com Picks Dallas’ Top Newsmakers of 2023

By April Towery / December 30, 2023 /
(Photo: Mimi Perez for CandyDirt.com)

There was no shortage of people to write about on the Dallas City Hall beat at CandysDirt.com this year. It was a year of cyberattacks, lawsuits, and an exodus of high-ranking Dallas housing employees. We also saw the advent of noteworthy projects and the emergence of many local rising stars. Reporters at CandysDirt.com continued to ask…

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Dallas Officials Say Federally Funded Housing Programs Are Too Challenging For Developers

By April Towery / December 4, 2023 /

Dallas City Council members last month reviewed a pair of development programs used to spur affordable mixed-income housing throughout the city in the hopes that City Council will authorize changes to make the initiatives more developer-friendly.  The programs are complicated and the funds are restricted by the U.S. Department of Housing and Urban Development guidelines.…

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