According to the latest numbers, North Texas housing prices are up 8 percent over last year. That sounds like great news for home builders. Yet, Phil Crone of the Dallas Builders Association went to the nation’s capital last month to make a desperate plea for immigration reform.
This may be the most anxious time of year for affordable-housing developers in Texas. In a few weeks, they'll find out whether their applications for low-income housing tax credits have been approved, and the decision could spell life or death for their proposed projects.
Across the United States, there isn't enough affordable housing for those who need it-- only 35 affordable rental homes for every 100 poor families, and the situation is worse in North Texas. That’s according to a new report from the National Low Income Housing Coalition.
Apartment rents in North Texas continue to rise, outpacing many cities across the country but still remaining slightly below the national average. One reason Dallas-Fort has seen increasingly higher rents — more people are moving here to start or develop their professional lives.
In January, the Metro Dallas Homeless Alliance led its annual homeless count. The final numbers aren't in, but advocates say they expect the numbers should be similar to last year’s – including the fact that in Dallas, the homeless population is disproportionately black.
Federal officials are giving Dallas City Hall until the end of the month to produce documents proving the city properly spent $29.9 million on 54 affordable housing projects, according to a U.S. Housing and Urban Development letter obtained by The Texas Tribune.
Families in West Dallas living in rental houses slated for closure will be allowed to stay in their homes until the end of the school year.
HMK Limited owns 305 inexpensive rental homes that don’t meet city code. Instead of repairing all the houses to bring them to standard, owner Khraish Khraish opted to close his rental business and have tenants vacate.
A U.S. housing official wants to know more about how Dallas City Hall chose and oversaw scores of federally subsidized developments after an internal audit found the city lacks enough documentation to ensure the projects were properly monitored and their construction costs were reasonable.
Stroll through Vickery Meadow and whiffs of Ethiopian food float through an open patio door. On steamy summer days, women under bright umbrellas sell esquites, Mexican street corn. Wander past an aging apartment complex, and you might just catch snippets of songs in Arabic, Spanish, Somali or any of the 30 or so languages spoken in the neighborhood.
Higher demand for housing across North Texas pushed up residential property values nine to 13 percent in the latest county appraisal notices. But those higher values can mean higher taxes. Homeowners who believe they owe less have a recourse: They can file a protest with the county appraisal district by May 31.
The Texas Association of Realtors reports home values in North Texas are up nearly 9 percent over this time last year. Though the economy is booming, Rev. Gerald Britt of CitySquare says that growth is leaving out folks who are barely making ends meet.
A report released last week by Apartment List shows Texas rent prices jumped 3.5 percent last year, which outpaces the national increase. Other research shows almost half of Texans spend more than 30 percent of their income on rent.
By most accounts, census tract 166.05 is not a particularly desirable place to live. Tucked between two major highways in southwest Dallas, the neighborhood is characterized by clusters of ramshackle, one-story houses, huge swaths of vacant land and big warehouses and storage centers.
ByAlexa Ura and Jolie McCullough Texas Tribune•Nov 9, 2015
While minorities occupy about half of the state’s housing units, they are less likely than white Texans to own their homes, and the state’s largest metro areas have some of the most substantial racial disparities among homeowners, according to recently released U.S. Census data.
Housing prices in Texas’s four major cities — Dallas, Austin, San Antonio and Houston — are at record highs. John Nova Lomax, "Texas Monthly"’s senior editor, wonders whether Texas is the best market in the country these days or if it’s severely overvalued.