Dalcor Properties Revealed as Public Face of Low Income Housing Deal; Warren Buffett’s Berkshire will be Real owner

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(Left: Teresa Morales, Texas Housing Department; Dale Dodson, Dalcor; Unidentified,  Hearing Transcript Reporter- Photo by Jim Bigham) The latest information about the project was revealed recently, during a required Texas Dept. of Housing Bond hearing, held Tuesday Nov. 14th at the Walter Branch Library. About forty attendees listened as citizens expressed their concerns and asked questions of Dalcor owner Dale Dodson and State official Teresa Morales. Concerns varied as a 45 year resident inquired about HUD blocking Harvey funds because

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Community Opposes Low Income Tax Credit Apartment project poised for approval by Houston City Council

Dodson-Public Hearing SNIP

(Picture : Dale Dodson – Dalcor Properties CEO at Public Hearing on Nov. 15th, 2017 via HTV) Following a public hearing last week on Nov 15th, Houston City Council will be asked to approve a resolution of no opposition to the proposed $105 million Vista on Gessner project this coming week on Wednesday Nov. 29th. If successful, this entire complex will be rehabbed and will only be available for tenants who must qualify under strict income limitations. Given tax exempt

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Important Update: More Information about the Proposed Low Income Housing For Sharpstown

MAP-to--Gessner-vista-APTSt

We’ve continued to collect information about this project, holding a lengthy conference call today with Dalcor CEO Dale Dodson and Executive VP Randy Plitt. The Dallas-based apartment developer, DALCOR AFFORDABLE HOUSING, is attempting to acquire and convert the 20 acre apartment property at 6425 S. Gessner near Bellaire, to a dedicated, low-income housing complex. (DOCUMENTS FROM DALCOR) They were very gracious speaking to issues relating to the financing package, tenant qualification, income requirements, project lifespan, and notice to the community.

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