Reinvestment Strategy Areas

The Housing Policy provides for tiered Reinvestment Strategy Areas to address three (3) market types in need of City investment: 1) Redevelopment Areas: A redevelopment area is characterized by a known catalytic project that has submitted a request for funding that shows preliminary viability and will begin within the next 12 months. The project as proposed must contain a housing component and must address the existing market conditions as identified in the MVA and must demonstrate a level of housing production supported through a third-party independent market analysis and show affordability to a mix of income bands. 2) Stabilization Areas: Stabilization areas are characterized as G, H, and I markets that are surrounded by A-E markets and as such are at risk of displacement based on known market conditions including upcoming redevelopment projects. These areas are also where Incentive Zoning and Accessory Dwelling Units should be focused to allow for increased density. 3) Emerging Market Areas: These markets are characterized as areas in need of intensive environmental enhancements, master planning and formalized neighborhood organization. In order to facilitate the creation of mixed income developments, the City recommends seeking designation as Neighborhood Revitalization Strategy Areas (NRSA’s) through HUD in order to prepare the area for real estate investments in a 3 to 5-year time frame and provide flexibility of use of funds without income qualifications, trust in local government and aid staff in assessing the need for strategic partnerships. Data Fields: Name- describes the generally accepted name of the area a Reinvestment Strategy Area covers. Type- identifies one of the three types of Reinvestment Strategy Areas as described above. Data created by the City of Dallas Housing and Neighborhood Revitalization Department. Data owner and point person for questions is David Drury – [e-mail]. Backup for data questions is Maria Martinez – [e-mail].