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Richardson board hears housing needs assessment; staff weighs CDBG, opportunity zones, missing‑middle zoning and housing finance tools
Summary
Assistant City Manager Danette Garcia briefed the Richardson TIF No.1 board on a housing needs assessment that identified seniors aging in place, affordable for‑sale homes for families, and better‑maintained rentals as top needs; staff recommended exploring CDBG (estimated ~$780,000), opportunity zones, zoning for missing‑middle housing, and housing/public finance corporations for long‑term tools.
Assistant City Manager Danette Garcia presented a housing needs assessment to the Richardson Tax Increment Reinvestment Zone No.1 board on March 5, 2026, outlining priorities, study methods and near‑term strategies the city will pursue.
Garcia said the study — begun in 2024 and conducted with consultants Grow America and the Reinvestment Fund — used stakeholder interviews, a market‑value analysis and consultant “drive‑alongs” to validate on‑the‑ground conditions. “We identified a group of stakeholders that helped us,” Garcia said, and the consultants presented initial findings to council in October 2025 and a follow‑up briefing in December 2025.
The assessment identified three primary needs for Richardson: “older low income homeowners need the opportunity to safely age in place,” more reasonably priced for‑sale homes to accommodate families with children, and better maintained rental housing for lower‑wage workers, Garcia said.
To address those needs, Garcia presented four near‑term strategies staff will examine with…
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