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Tag Archives: foregoes 75 years of tax revenue

Dallas OKs $177 million housing project, foregoes 75 years of tax revenue


April 27, 2023

Dallas has approved its largest project yet — 615 units for affordable housing via the city’s 75-year property tax abatement program. The City Council on Wednesday approved a development agreement for a new four-story, $177 million northwest Dallas apartment complex roughly 15 minutes from downtown. Council greenlit two 400-unit projects last year, which was the previous highest number of apartments the …

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