Monthly Archives January 2019

Dallas Housing Authority Aims to Grow Texas Affordable Housing

The Dallas Housing Authority has tapped 12 development firms to partner with in order to create more affordable housing throughout North Texas. The companies will work with DHA to redevelop seven of its properties, totaling 650 units on nearly 146 acres of land. These firms include:

AMTEX Multi-Housing Carleton Development Fairfield Residential Matthews Southwest McCormack Baron Salazar Michaels Development Co. Ojala Partners Steele Properties The NRP Group Trammell Crow Co. Volunteers of America National Services DFW Advisors, KRR Construction and Michael R. Coker Co.
Redevelopment pipeline

The first project will be redeveloping the former Brooks Manor site located in Oak Cliff/District 1. The property—which encompasses a 6...

Read More

Comerica Bank’s Texas Index Up Slightly

DALLAS, Jan. 3, 2019 /PRNewswire/ — Comerica Bank’s Texas Economic Activity Index increased by 0.1 points in October to 135.8. October’s index reading is 40 points, or 42 percent, above the index cyclical low of 95.5. The index averaged 128.5 points for all of 2017, 4.2 points above the average for 2016. September’s index reading was 135.7.

The Comerica Bank Texas Economic Activity Index increased slightly in October, following a small increase in September. The two-month gain in our headline index for Texas reverses a slight two-month decline over July and August. In October, six out of nine sub-indexes were positive. They were non-farm payrolls, unemployment insurance claims (inverted), house prices, industrial electricity demand, state trade and sales tax revenue...

Read More