DALLAS, TX - The Dallas Housing Authority (DHA) announced that it has selected 12 firms to join its roster of qualified private developers as partners to create more affordable housing opportunities across North Texas. The initial group of partners are: AMTEX Multi-Housing, Carleton Development, Fairfield Residential, Matthews Southwest, McCormack Baron Salazar, Michaels Development Company, Ojala Partners, Steele Properties, The NRP Group, Trammell Crow Company, Volunteers of America National Services and the combined team of DFW Advisors, KRR Construction, and Michael R. Coker Company.
The partners will work with DHA to redevelop seven of its properties that currently encompass 650 housing units and nearly 146 acres of land, and other affordable housing projects. Additional development partners will continue to be vetted and may be selected to join this group.
The first project DHA is redeveloping will be the former Brooks Manor site located in Oak Cliff/District 1. Brooks Manor is a 6.694-acre tract of land, zoned for retirement housing. The site formerly assisted 225 households with public housing for seniors and persons with disabilities. DHA is seeking to redevelop the property to its highest and best use, including both market and subsidized rental housing. No specific developer has been selected to develop this project as of this announcement.
The developer selected for the redevelopment of Brooks Manor will also have an opportunity to redevelop the Cliff Manor site, which is also located in Oak Cliff/District 1. Cliff Manor is currently fully occupied. The residents (seniors and persons with disabilities) will be relocated prior to redevelopment. It is anticipated the majority of the Cliff Manor residents will be relocated to the redeveloped Brooks Manor site to ensure they continue to reside in affordable, safe and decent rental housing.
“We appreciate the willingness of these leading developers to form a public-private partnership to create more affordable housing across North Texas,” says Troy Broussard, president and chief executive officer for DHA. “Our goal is to increase the amount of much needed affordable housing across the communities we serve. We look forward to working with this network of premier developers to generate fresh ideas for accomplishing this goal. We can deliver better housing solutions by working together.”
“I am pleased to see that the Brooks Manor and Cliff Manor public housing communities will be redeveloped by DHA with both market and subsidized rental housing so that these properties can better serve the community,” says Scott Griggs, City of Dallas Councilman for District 1. “As we continue to address poverty across our great city, ensuring our citizens have access to safe, decent affordable housing is key. I look forward to working with DHA in this effort.”
Source: Dallas Housing Authority / #Affordable #Apartments