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DHFC board warns that proposed housing‑department changes would curtail agency's work; committee hearing set April 22
Summary
DHFC leaders sharply criticized a set of Housing & Community Development recommendations that would add approvals, limit market‑rate units and require deeper affordability tiers and geographic restrictions; the board said the measures would effectively shut down DHFC activity without new city cash subsidies.
The City of Dallas Housing Finance Corporation board spent substantial meeting time discussing proposed governance and policy recommendations prepared by the City of Dallas Housing and Community Development Department. Board leaders warned those recommendations—scheduled for consideration at the city’s Housing and Homelessness Solutions Committee on April 22—would severely curtail the corporation’s ability to deliver affordable housing without additional city cash subsidies.
Summary of board concerns: Board President Marcy Halton read a prepared statement explaining the DHFC’s mission, noting the corporation’s track record (35 properties representing 7,668 units overall, with many units serving households at 80% AMI and below) and outlining several recommendations from Housing that the board found…
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