Dallas Approves $82 Million for Affordable Housing
Propositions G, H, and I: Dallas Allocates Funds to Combat Homelessness and Improve Affordable Housing
According to The Real Deal, Dallas people recently voted to help make affordable housing, which is a big win for those who’ve been pushing for it. The city approved three measures that set aside $82 million to create more affordable housing and tackle homelessness. This is a significant increase from what the city had previously allocated for affordable housing projects over the years which was only $46 million since 2006.
The affordable housing money approved is part of a larger fund of $1.25 billion meant mostly for fixing things like roads, parks, and public safety. One of the measures, called Proposition G will use over half of its $72 million to help developers build housing with affordable housing options. Another measure, Proposition H will spend $26 million to improve infrastructure in areas of Dallas that have been historically overlooked. Lastly, Proposition I will allocate $19 million to upgrade a homeless shelter and help people find homes.
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$82M Affordable Housing Initiative: Dallas Residents Vote – A Step Towards Bridging the 33,000 Unit Shortage! (PHOTO: Supernews)
Advocates Push for Increased Investment to Meet Growing Demand
Furthermore, even though this affordable housing funding is a step in the right direction it’s still not enough to meet the city’s housing needs. Groups like the Dallas Housing Coalition and Habitat for Humanity wanted even more money aiming for $200 million. Dallas is facing a shortage of 33,000 affordable rental homes and this number could grow to 84,000 in the next ten years. So, while this is progress, there’s still a lot of work to be done to make affordable housing for everyone in Dallas.
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