A new partnership between the City of Arlington, the nonprofit Housing Channel in Fort Worth, and the University of Texas at Arlington is aiming for a solution that could be replicated across North Texas.
According to the Texas Affiliation of Affordable Housing Providers, the median income for Texas seniors on a fixed income is $25,601, but a renter must earn $46,889 annually to afford the current fair market rent of $1,200 for a two-bedroom apartment in North Texas. However, even many one bedrooms are much more than that.a majority of whom will reach 65 or older by 2030.
VanNess said in order to afford the median rent in North Texas, one must make $24 an hour. If they are earning only the minimum wage in Texas of $7.25, they would have to work 115 hours per paycheck. Located in East Arlington, the new “micro-community” will boast a dozen attractive one-bedroom homes under 600 square feet, each built to high-level energy performance standards, with half of the units reserved at below-market rental prices for seniors who meet lower-income guidelines. Other community amenities include individual patios, a landscaped community gathering space, and covered parking.
The other interesting aspect of this project is the contribution from UT Arlington. Students from thehelped design this community and the homes. The school will actually study this project and the efficiency of the homes, and use it as a blueprint for other potential affordable housing developments in North Texas.
The Wynn Terrace Senior Cottage Community is the latest achievement connected to the ongoing partnership between the City of Arlington and the 32-year-old community organization, which is dedicated to increasing access to affordable housing.
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