We are currently wrapping up with the permitting process, after which construction will begin. We’re looking to have it finished by May/June. We have already identified a buyer, and she and her family can’t wait to move into their new home!
WHY WE’RE DOING IT
Housing costs are skyrocketing in cities across the country, including Dallas. The median rent in Dallas is $1,250, a rate which is out of reach for Dallas’s homeless and low income residents earning less than 0-31% of the Dallas AMI, which equals an income of $1617.8 per month. Unfortunately, recent housing production in Dallas has not met the need for low-income families. The majority of new housing in the City of Dallas has been concentrated in just a few of its wealthier neighborhoods, despite widespread growth across the city’s nearly 400 neighborhoods. Approaching this problem requires innovative solutions in design and construction. Focusing on the design-build approach, which reduces costs and expedites the construction process while allowing for maximum input from the homebuyer, results in both time and dollars saved -- money that can then be put toward developing more affordable housing or directly into the client’s pocket.
This project was funded in part by a generous contribution from the Truist Foundation.