Dallas is grappling with a potential shortfall of 76,000 affordable housing units by 2035, according to a report from the local nonprofit Child Poverty Action Lab<\/a>, or CPAL.<\/p>\n Stewpot\u2019s Brenda Snitzer and Danny Buford listen to speakers at a Communities Foundation Texas event announcing further investments in housing, in alignment with its focus on health, wealth, living, and learning, on Thursday, Oct. 30, 2025, in Dallas.<\/p>\n Angela Piazza \/ Staff Photographer<\/p>\n D-FW, one of the country\u2019s largest housing markets, saw median home values hit $389,500, and nearly 43% of renters in D-FW spent 35% or more of their income on housing, according to U.S. Census estimates<\/a>.<\/p>\n \u201cWe see a big mismatch between supply and demand,\u201d said Ashley Flores, CPAL\u2019s chief of housing. And \u201c75% of single parents with kids are housing cost-burdened. They\u2019re making really difficult trade-offs \u2013 preventative health care appointments, nutritious food, educational experiences for their kids \u2013 simply to keep a roof over their heads.\u201d<\/p>\n Wayne White, president and CEO of Communities Foundation of Texas, called housing one of society\u2019s most urgent challenges. Housing is the nonprofit\u2019s third strategic initiative, followed by the North Texas Giving Day<\/a> and Educate Texas<\/a> initiatives. <\/p>\n Communities Foundation aims to advance housing policy, production and preservation through the initiative, White said. To help do this, the foundation launched HouseDTX, a network of funders, advocates, planners and community leaders to help elevate housing solutions, he said. <\/p>\n The foundation also plans to collaborate, convene and co-invest in stakeholders involved in housing in the region, White said. The foundation hopes additional companies and community leaders will come forward to help match the foundation\u2019s investment, which will create a $100 million Housing Impact Fund, White said.<\/p>\n \u201cA home is more than a shelter,\u201d White said. \u201cIt\u2019s a foundation for hope, it\u2019s a foundation for family, [and] it\u2019s a foundation for a thriving community.\u201d<\/p>\n Housing goals Dallas City Manager Kimberly Bizor Tolbert, right, laughs with Deputy Mayor Pro Tem Gay Donnell Willis during a Communities Foundation Texas event announcing further investments in housing, in alignment with its focus on health, wealth, living, and learning, on Thursday, Oct. 30, 2025, in Dallas.<\/p>\n Angela Piazza \/ Staff Photographer<\/p>\n The new initiative fits well within the city of Dallas\u2019 broader housing goal, which involves developing and preserving over 7,000 rentals and 3,500 homeownership units annually, said Dallas City Manager Kimberly Bizor Tolbert.<\/p>\n Meeting those goals will require public-private partnerships, Tolbert said.<\/p>\n Communities Foundation plans to coordinate and align efforts among the different segments of the housing market to address the fragmentation of the issue, said Nadine Dechausay, Communities Foundation\u2019s chief strategy and insights officer. <\/p>\n Through HouseDTX, Communities Foundation plans to launch three working groups in its first year, Dechausay said. One group will be a funders collective to help developers access capital, an advisory group, and a planning and policy group that will develop housing recommendations. <\/p>\n Communities Foundation plans to release a scorecard next year to track progress in addressing the region\u2019s housing challenges, Dechausay said.<\/p>\n President and CEO of Frazier Revitalization Felisa Conner listens to speakers at a Communities Foundation Texas event announcing further investments in housing, in alignment with its focus on health, wealth, living, and learning, on Thursday, Oct. 30, 2025, in Dallas.<\/p>\n Angela Piazza \/ Staff Photographer<\/p>\n Addressing those challenges will involve investments, grants, and research on both immediate and long-term housing needs, Dechausay said. Communities Foundation has already created a $5 million loan and grant fund for early investments into the initiative.<\/p>\n![\"Stewpot\u2019s](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/11\/ZSONU7SVXBDLXD7PU74EFKWOLQ.jpg\")
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