DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Child Poverty Action Lab Report Addresses Dallas Rental Housing Needs
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Rental Market > Child Poverty Action Lab Report Addresses Dallas Rental Housing Needs
Rental Market

Child Poverty Action Lab Report Addresses Dallas Rental Housing Needs

7 Min Read
SHARE
Contents
Problems and Solutions in The Dallas Rental MarketChild Poverty Action Lab ReportRental Units And Affordability

Dallas is facing a shortage of about 33,660 affordable homes, according to a study published recently by the Child Poverty Action Lab. 

Ashley Flores, senior director of the nonprofit CPAL, reviewed the findings Thursday night in a conference call with members of the activist group Dallas Neighbors for Housing. 

Flores worked for about six months with economic development firm HR&A Advisors to better understand the Dallas rental market, particularly the gap between supply and demand at different income levels, she said. 

Child Poverty Action Lab

“Most of the residents in Dallas are renters,” Flores said. “We also know that renters in Dallas are disproportionately low-income and disproportionately in communities of color. Homeownership, rehab, and preservation — all those areas of the housing ecosystem — are really critical, but the point of this report was to take a deep dive into the rental market.” 

https://daltxrealestate.com/2023/06/06/conversation-highlights-dallas-affordable-housing-problem-though-solid-solutions-seem-scarce/

Problems and Solutions in The Dallas Rental Market

The July 20 online discussion focused on the problem. 

The solution is going to be addressed, too, in an Aug. 24 panel discussion with City Plan Commission Chair Tony Shidid, Assistant Director of Planning and Urban Design Andreea Udrea, and Assistant Vice President of Venture Commercial Paul Carden.

Dallas Neighbors for Housing founder Adam Lamont said the panelists are positioned to actually do something about the housing shortage and rental distribution. 

“It sort of segues from Ashley’s ‘where we are’ to what we can do now, action-wise,” Lamont said. 

Housing advocates with the newly-formed Dallas Housing Coalition have said they plan to advocate for $200 million in the upcoming 2024 bond issue. 

Elected officials have acknowledged the CPAL report.

“There is a delicate balance between protecting our existing housing supply and the need to build more,” District 1 Councilman Chad West said in response to the report. “However, Dallas needs to build more and soon. We need to look at encouraging [accessory dwelling units], missing middle housing, and incentivizing building on empty lots.”

Child Poverty Action Lab Report

In 2021 there were 70 affordable units for every 100 households at or below 50 percent Area Median Income, Flores read from the CPAL report. 

New housing production, Child Poverty Action Lab Rental Housing Needs Assessment

“If supply were leading demand perfectly, there would be 100 affordable units for every 100 households — or even better, there would be more than 100 affordable units,” she said. “The idea is to have a lot of choices in the market.” 

Four main factors have driven the rental housing gap in Dallas: 

• Rapid regional growth: The Dallas-Fort Worth metro area has grown by more than 20 percent over the past decade. 

• Prevalence of low-wage jobs: The top four most common jobs by occupation in DFW all have median wages under $40,500. 

• Insufficient production of new affordable units: Since 2010, Dallas has delivered only 1.9 new, deed-restricted affordable units per 1,000 residents, ranking 21st of 32 big cities in affordable unit production. 

• Accelerated rent increases: Rent has increased more in the 34 months since the beginning of the COVID-19 pandemic than in the 72 months prior. 

The rental housing gap is growing, Flores explained. By 2030, the City of Dallas is projected to have a gap of 83,500 rental units for households at or below 50 percent Area Median Income. 

Additionally, the widening of the rental housing gap will be driven by a projected loss of almost 54,000 units of naturally occurring affordable housing (NOAH) for residents at or below 50 percent AMI. 

Renter cost burden by Dallas City Council district, Child Poverty Action Lab Rental Housing Needs Assessment

Without intervention, the current trend will exacerbate existing inequalities across Dallas, hindering economic mobility for low-income children, Flores said. 

“Dallas ranks 10th out of the 12 largest cities for affordable housing units in “high opportunity” census tracts and remains the most segregated big city in Texas — and among the most segregated big cities in the nation,” Flores said. “Lack of housing affordability forces families to make tradeoffs with basic daily needs like food, clothing, and transportation. On average, families at or below 50 percent AMI are spending nearly half their income on housing each month.”

Rental Units And Affordability

Dallas builders constructed about the same number of rental units from 2000 to 2009 as from 2010 to 2019, Flores said. 

Housing supply gap, Child Poverty Action Lab Rental Housing Needs Assessment

“We were producing units at a comparable clip, but we added many more residents from 2010 forward, so that really drove down affordability,” she said. “That helps explain why we’re in this pinch.” 

The CPAL leader broke down data included in the report, including “staggering” statistics. About 74 percent of single-parent households with children are “cost-burdened,” spending more than 30 percent of their income on rent, she said. 

“You see the difference in how populations are being affected by these steep housing costs,” she said. 

It’s important, Flores said, to provide affordable units throughout Dallas. 

Deed-restricted affordable units are overwhelmingly cited in the southern sector of the city, she explained. 

“We haven’t done a great job of dispersing deed-restricted affordable housing so people can access neighborhoods across the city,” Flores said. 

Fitness-Minded Renters in Texas Don’t Have an Excuse For Not Working Out
Housing Advocates Weigh in on City Manager’s Recommended $4.63 Billion Budget 
Rental ‘Inflation Pandemic’ Prompts Overhaul of Dallas Eviction Ordinance
Dallas Is Among Trendsetters in Built-to-Rent Market, Report Finds
What’s Developing: Another Rental-Home Project Is Coming to This Suburb
TAGGED:Ashley FloresChild Poverty Action LabDallas Neighbors for Housing
Share This Article
Facebook Email Copy Link Print
Previous Article Expert Advice on Defending Your Artificial Turf From Summer’s Triple-Digit Heat
Next Article David Stocker Transformed a Historic Preston Hollow Charles S. Dilbeck For a New Generation
Popular News
Oh She is Grouchy

The One Where We Scare Up a Great Starter Home

Want Your Power Back Sooner During an Outage? Live Here.
O RLY Royse City? Yes Really, ROYSE CITY.
Give me Walkability: A Bud Oglesby Retreat on Travis Walk NOT in MLS
One Transplant Trades Califonia Wildfires For The Greener Pastures of Plano
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission

Categories

  • Wednesday WTF
  • East Dallas
  • Monday Morning Millionaire
  • Upon Closer Inspection

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?