Dallas Housing Opportunity Fund reports $42M raised, 940 units supported and path to 1,500-unit goal
Officials told the Economic Development Committee the Dallas Housing Opportunity Fund has raised $42 million (including the city's $6 million seed), financed projects supporting roughly 940 units so far, and expects to reach its 1,500‑unit target by 2026–2027, while noting additional reporting on deeper affordability is forthcoming.
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Kevin Spath, director of the Office of Economic Development, opened the committee’s annual briefing on the Dallas Housing Opportunity Fund, an effort seeded by a $6 million city recoverable grant. Brian Maddox of LISC Fund Management and fund staff described the fund’s structure, the projects it has financed and the criteria used to select deals.
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