Dallas Morning News' reporter, Roy Appleton published an update story on the Plaza Inn in today's edition. Read it here.
As the story reveals, Central Dallas Ministries stepped out of the project in face of neighborhood opposition. Hopefully, Hamilton Properties Corporation will be able to carry forward the tax credit process that we began. The application that the Hamiltons now pick up received the highest preliminary score in the state of Texas for this year's round of credit awards.
If successful, it appears that the project will result in many, much-needed units of affordable housing for working people who desire to live Downtown.
The only downside from my point of view is the fact that it is now doubtful that any of the new units will be set aside for permanent supportive housing, a type of housing Dallas must find a way to develop if we are to realistically address the problem homelessness in our city.
As Appleton's report notes, we wish Larry and Ted Hamilton well, and we'll do whatever we can to assist them. At the same time, we'll roll up our sleeves and continue working to develop needed housing for our community's poorest citizens.
Thanks to Dallas Mayor Tom Leppert for stepping in to get the proposal at least another month for consideration before the final City Council vote on March 25.