Big names in business partner on small affordable housing development in South Dallas

Developers will soon move dirt on a new affordable housing site in South Dallas, bringing together various private and public entities seeking to improve the southern sector of the city and keep it equitable for residents.

Organizations involved with the nearly $2.4 project held a groundbreaking ceremony at the corner of Holmes Street and Panama Place on March 28. Construction is expected to begin by early summer 2024, and homes are expected to be delivered by the end of the year.

The seven-unit residential project, dubbed Trinity Community Development, is a partnership between organizations including St. Philips School & Community Center, the City of Dallas, TREC Community Investors and Matthews Southwest, which is led by prominent downtown developer Jack Matthews. The company is overseeing the $2.8 billion rebuild of Dallas’ convention center. Matthews is known for taking on projects that aim to bridge the disparity between North and South Dallas.

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Source: Dallas Business Journal

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