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Tribune News Service
Tribune News Service
Business
Everton Bailey Jr.

Dallas needs more affordable homes. It could cost $4 billion to fill gap, official says

Dallas’ latest plan to address its affordable housing crisis is slated to go to the City Council in April, according to the city’s top housing official. But he says it’ll take years and hundreds of millions of dollars from the city alone to make a dent.

“I don’t like to put too much on any plan, particularly for a city that has hundreds of them,” said David Noguera, Dallas’ director of housing and neighborhood revitalization. “However, I do believe that this plan helps build the momentum that we need to allocate the funding and supplemental resources that make mixed-income housing possible in areas that haven’t seen it in generations as well as established communities that lack affordable housing.”

He said the policy could be voted on as early as April 12. The city’s revamped comprehensive housing policy is seeking to address a familiar problem.

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