affordable housing

Dallas Fintech Zippy Finds its Niche in Financing Manufactured Housing

by | Mar 23, 2023
With recent financing from FirstBank, the company's innovative solution—a digital lending platform for manufactured home loans—is available in 11 states, including Texas. Zippy plans to more than double its footprint in 2023 by establishing partnerships with hundreds of communities.
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Bank of America Contributes Nearly $4M to North Texas Nonprofits in 2022
by | Dec 28, 2022
Bank of America has donated nearly $4 million to North Texas nonprofits this year, including local food banks and two 2022 Bank of America Neighborhood Builder® awardees.
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The Last Word: OHG’s Lauren Seaver on City of Dallas Acquiring Briscoe Apartments for $82M for Mixed-Income Housing
The city of Dallas announced last week that it has spent $82 million through the Dallas Housing Finance Corporation to acquire The Briscoe, a 322-unit class-A multifamily property at 12639 Coit Road in North Dallas. The Briscoe was previously charging tenants full market-rate rents. Now it will reserve 161 units for residents earning at or below 80% of the area median income. Current residents who qualify will see their rents reduced at their next lease renewal, saving an average of $222 a month, or $2,659 a year. 
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Innovan Neighborhoods Launches Community Developers Roundtable to Fuel ‘Catalytic Real Estate Development’

by | Sep 21, 2022
Local developer and consulting firm Innovan Neighborhoods is leading the roundtable's efforts to increase affordable housing in the region while accelerating the revitalization of underserved communities around Dallas. With initial funding from JPMorgan Chase, "flexible capital" could help boost needed projects. "When we put funds and resources behind innovative solutions, we can see neighborhoods and communities set up for long-term success,” says Maggie Parker, Innovan's founder and managing partner.
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Frisco Startup Homz Launches to Address Housing Shortage With Urban Communities Across the U.S.
by | Jul 28, 2022
Over the next five years, Homz wants to break ground on 50 communities across the country. The mixed-use projects would include build-to-rent single-family homes and four multifamily brands that are designed to meet the needs of renters at "each stage of their lives."

The company's leaders say they're focused on a triple bottom line approach to building sustainable, attainable housing communities.
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Executive Director of DFW’s Urban Land Institute: How CRE Professionals Can Help Build ‘Sustainable, Thriving Communities’
by | Apr 7, 2022

As the relatively new executive director of the Urban Land Institute Dallas-Fort Worth, Tamela Thornton promotes dialogues and actions in commercial real estate that lead to transformed communities. ...

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Veritex Bank, Federal Home Loan Bank of Dallas Award $750K to Create Affordable Housing for the Local LGBTQ Community

by | Jan 25, 2021
The $20.5 million project, developed by the Resource Center of Dallas and Volunteers of America, will provide LGBTQ older adults (62+) with affordable rental housing. An artist's rendering by architecture firm Perkins & Will shows the current concept for the apartments that will be located near Maple Avenue and Mockingbird Lane in Dallas.
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CitySquare is Building “a More Equitable Future” for Dallas by Creating Affordable Housing—and Showing How Real Estate Professionals Can Help Drive Change
by | Oct 27, 2020
From tiny homes and modern shipping container housing to job training, healthcare services and a food pantry, CitySquare is turning poverty into hope.
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habitat for humanity

Habitat for Humanity Plans Community Made of Shipping Containers 

by | Sep 21, 2017
The neighborhood, at Bumpas and Fitzhugh streets in east McKinney, will be Habitat for Humanity's first to be made entirely of shipping containers.
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