Eyeing statewide affordability, two new housing conservancy deals include move into Dallas
The Texas Housing Conservancy has closed two new deals for multifamily workforce housing properties, including a Dallas-area acquisition that marks its first step in expanding outside the Austin area.
The nonprofit, which was founded five years ago as Affordable Central Texas and is dedicated to preserving affordable housing for middle-income renters, has completed the purchase as a partner in a 389-unit development just north of the Domain in Austin and a 289-unit property in Uptown Dallas, an area rapidly losing affordability.