One of 12 affordable housing developments the Dallas City Council could approve this week is in Oak Cliff.
Skyline at Cedar Crest, a 109-unit apartment complex planned for 2720 E. Kiest, would cost almost $22.6 million to build, and it would have units available to residents with a mix of incomes.
Twenty-two of the apartments would be available at market rate, and the rest would be for people earning a percentage of Dallas’ adjusted median income of $60,340 for a single-person household and $86,200 for a family for four. Here’s the breakdown: 9 apartments for residents making 30% of the median income, 35 for those making 60%, and 43 for those making 80%.
The chart below puts those percentages into dollars. AMI is adjusted median income, a metric determined by the Department of Housing and Urban Development. It’s the number where half of the city’s residents make more than that, and half make less.
Credit: City of Dallas Department of Housing & Neighborhood Revitalization
The project is from developer Brompton Community Housing Development Corp., and Texas Inter-Faith Management Corp. would manage the property.
Skyline at Cedar Crest would have amenities including a swimming pool, fitness center and classroom, plus services including three-times weekly shuttle to grocery stores and onsite career training, adult education and food pantry.
Another affordable housing project planned in Oak Cliff won’t be approved by City Council because it didn’t meet requirements for fair-housing approval.
The Okapi Apartments, pitched by developer OM Housing, was planned as 98 units that would cost about $22.9 million to build at 900 E. Clarendon.
“It’s in a developing area that is going to be getting rapidly more expensive,” City Councilman Chad West, said during a briefing Monday.
West pointed out that “this is workforce housing.”
Data show that housing costs are rising faster than income levels. At the current rate of affordability, 272,000 households in Dallas will be experiencing housing problems by 2045, according to a City of Dallas housing study.
Here is an example of some residents, by job title and income, who live in affordable apartments in Dallas.
