New Affordable Housing Project To Support LGBTQIA+ Seniors in Dallas

Mike Montalvo lives in a senior living facility in Oak Cliff. It’s a place to stay, but it doesn’t quite feel like home. For one thing, there are no nearby stores, restaurants or community activities. That’s why he’s excited to move into his new apartment at Oak Lawn Place in Dallas.

Oak Lawn Place will have 84, high-quality rental units for adults 55 and older, in an environment also intended to support the LGBTQIA+ community. The apartments are available to tenants of any sexual orientation, but the people behind the project hope to make welcoming place for LGBTQIA+ residents there through community art and various programs. The apartments will serve residents who earn from 30% to 60% of the area's median income.

Since 1990, the Federal Home Loan Bank of Dallas has awarded $400 million to fund and support 65,000 housing units across five states, including Texas. The organization sets aside 10% of its net earnings every year to support its affordable housing program. Nonprofits compete for grants to participate in the Federal Home Loan Bank of Dallas’ affordable housing program, and this year they stood to get $750,000 in funding.

He said the new affordable housing project will be a place where LGBTQIA+ seniors can age in place. “That is critical, not only in Dallas but just in the United States period,” Hatton said.The development will have amenities like a community room and a computer lab, and it’s within walking distance of DART’s Inwood Road/Love Field station. “The key word I always use is high-quality, affordable rental homes,” he said.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Los Angeles County Superior Court judge uses ‘affordable housing’ to ban affordable housingTo increase housing affordability, California must strengthen SB 9 and other supply-focused initiatives.
Source: ladailynews - 🏆 332. / 59 Read more »

LA remains the least affordable housing market in America: Here are the most affordableIf you're one of the many that can't afford a home in LA, here are the top five most affordable housing markets in the U.S. you could consider.
Source: FOXLA - 🏆 445. / 53 Read more »

City of Tucson’s affordable housing plan includes expanding Section 8 housingAndrew Christiansen is KGUN 9's Catalina Foothills reporter. Send your story ideas to Andrew at andrew.christiansenkgun9.com.
Source: kgun9 - 🏆 584. / 51 Read more »

New affordable housing complex for older adults coming to Chula VistaCongregational Place on Third Avenue and E Street in Chula Vista will bring 56 affordable housing units and PACE programming for seniors
Source: sdut - 🏆 5. / 95 Read more »

New affordable housing coming to location of former 'Bum Steer' nightclubKenny Darr is KGUN 9's Oro Valley reporter. Send your story ideas to Kenny at kenny.darrkgun9.com.
Source: kgun9 - 🏆 584. / 51 Read more »

University of Denver Creates New Program to Tackle Affordable Housing CrisisDU's new Affordable Housing Certificate program will put field experts under one roof to learn and workshop ideas.
Source: denverwestword - 🏆 315. / 61 Read more »