Developers dig into affordable housing near Dallas’ Fair Park - The Real Deal Two developers, Scottie Smith II and Kevin Hemphill, who have roots in South Dallas, are spearheading an affordable housing project in the Jeffries-Meyers neighborhood near Fair Park. They broke ground on the project, which will convert a former homeless encampment into affordable homes. The development will consist of duplexes with two floor plans, offering three bedrooms, three bathrooms, and a two-car garage. Prices will range from the low $200,000s to $285,000, thanks to a $1.4 million development subsidy granted in 2020. The Dallas Housing Foundation, founded by Smith and Hemphill, aims to revitalize the historically disinvested area. Eligible buyers include single individuals earning up to $89,000 and four-person households earning up to $127,000, with potential assistance from the city's homebuyer program. The project seeks to improve the community's long-term outlook, combating issues such as crime, drugs, and poverty.
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MHC News 07/03/20233
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Developers dig into affordable housing near Dallas’ Fair Park - The Real Deal Two developers, Scottie Smith II and Kevin Hemphill, who have roots in South Dallas, are spearheading an affordable housing project in the Jeffries-Meyers neighborhood near Fair Park. They broke ground on the project, which will convert a former homeless encampment into affordable homes. The development will consist of duplexes with two floor plans, offering three bedrooms, three bathrooms, and a two-car garage. Prices will range from the low $200,000s to $285,000, thanks to a $1.4 million development subsidy granted in 2020. The Dallas Housing Foundation, founded by Smith and Hemphill, aims to revitalize the historically disinvested area. Eligible buyers include single individuals earning up to $89,000 and four-person households earning up to $127,000, with potential assistance from the city's homebuyer program. The project seeks to improve the community's long-term outlook, combating issues such as crime, drugs, and poverty.