Public Facility Corporations
Lackluster voter turnout culminated in few surprises as Dallas City Council election results rolled in Saturday night. All who led during early voting emerged victorious as the final results were posted shortly after midnight. Former City Plan commissioner and Public Facility Board president Zarin Gracey will face retired teacher and radio talk show host Joe Tave…
Read MoreDuring the “silly season” of campaigning to keep their elected city council seats, Dallas officials are giving passionate speeches from the horseshoe about the causes they believe in. District 12 Councilwoman Cara Mendelsohn has already won — she’s running unopposed — but she’s doubling down during every agenda meeting about the Public Facility Corporation projects…
Read MoreA controversial housing project inched forward Tuesday in a carefully-worded motion by the Dallas Public Facility Corp. Board of Directors. The Dallas PFC Board voted 8-3 to approve a non-binding memorandum of understanding with Sycamore Strategies “subject to indemnification by the [Dallas] City Council and research from corporate counsel that we will not take on…
Read MorePrior to a community meeting Saturday morning on the proposed Cypress Creek at Forest Lane Public Facility Corp. apartment project, a developer said to a reporter, “I don’t expect to accomplish anything. People aren’t coming here to have their minds changed.” It’s probably fair to say his expectations were met. Amid shouting about lies and…
Read MoreThere’s a lot of buzz in Texas about Public Facility Corporation projects, and it’s made its way to the state Capitol. Controversy surrounding the PFC financing structure, which incentivizes developers for providing affordable housing, has been praised as the only way to attain much-needed “missing middle” housing and simultaneously criticized for taking property off the…
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