James Armstrong
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…
Read MoreCommunity 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…
Read MoreDevelopers 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…
Read MoreDallas 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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