Dallas City Council supports subsidies for low-income housing near Farmers Market | City Hall Blog | dallasnews.com

Despite vocal opposition from business and property owners from downtown’s Farmers Market district, the City Council this morning voted in support of tax credits for two permanent supportive housing projects hoping to locate in the area.

The vote does not mean the projects will receive credits — that’s the state’s decision. And should the state decide to grant one of them, the council will still be able to vote on the project in June. But the tentative blessing lets the applicants move forward in a process that will continue throughout the spring.

The group of business and property owners told council members that the area is already giving more than its share of support to the poor by hosting the Bridge homeless center, which they say attracts crime and hampered their efforts to develop the district.

“To place any additional low income housing, until we get the situation under control and we decide on a long term plan for the area is absolutely ridiculous,” said Tanya Ragan, whose company, Wildcat Management, owns a former restaurant building in the Farmer’s Market area. “Quite honestly it’s a slap in the face of the all the property owners who come down here and have this discussion.”

Read more at Council supports subsidies for low-income housing near Farmers Market | City Hall Blog | dallasnews.com.

Advertisements

About Bob Voelker

Head of the Munsch Hardt (Dallas law firm) Hospitality & Mixed Use Development Group, and former developer of affordable housing. I'm i
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s