DLF Community volunteers help a resident on a workday project. |
In the post-Great Recession era, homeownership appears like
a pipe dream to many families. Rising home prices and creeping
gentrification, along with student debt, tight mortgage credit, decreasing existing home inventory, and household wages that lag behind housing prices have
blocked many first-time homebuyers and stalled homeowners who want to move into
another home.
According to an annual report released this week by Harvard University's Joint Center for Housing Studies, the national homeownership rate dropped to 63.7 percent in the first quarter of 2015. The multifaceted report also offers an extensive look at trends in rental costs, foreclosures, home equity, population changes, and poverty. (Download the report or view housing costs maps.)
In Dallas, the housing climate threatens the ability of many seniors to sustain their dream of homeownership. They cling to houses they’ve owned and loved for decades, but they
struggle to pay for repairs that would keep their homes safe, comfortable, and
unaffected by costly code enforcement.
DLF Community the community and neighborhood development arm of Dallas
Leadership Foundation, routinely hears about the daunting circumstances many
seniors face. Seniors number about one in every three households DLF Community
serves. Many of these seniors are U.S. veterans.
For example, in West Dallas, one of the 11 neighborhoods DLF
Community has targeted, seniors and other residents are hard hit as the area rapidly
gentrifies. (To read some views about gentrification in Dallas, check out
this and
this.)
DLF Community Director Jamee Rodgers said residents in
gentrifying areas are “having the struggle of having property values going up,
so their property taxes are going up. So they’re getting approached all of the
time by developers who want to buy their homes for pennies on the dollar just
to get them out so they can get the property. They’re having struggles with
that issue. As much as revitalization is needed, revitalization for those who
are already there is what the key should be.”
DLF Community advocates for residents by working on their
behalf with city officials. DLF Community also works with neighborhood
association leaders to identify homeowners who need help with basic upgrades
such as providing cleanup, grass mowing and yard lamps.
More than 150 beautification and
rehabilitation projects have been completed this year by DLF Community.
“We’re trying to come in with our projects to help as many
of them as we can,” Rodgers said, “to keep them from losing their homes or
getting fined.”
Multiple citations for code infractions threaten home
ownership because homeowners are unable to bring their homes up to code and pay
the fines. Seniors may struggle disproportionately because they live on a fixed
income.
DLF Community has a pool of funds to pay for supplies to
help veterans with home repairs. The funding source doesn’t cover labor costs,
however. DLF Community is also recommending homes for exterior wood and paint
repairs that could be part of the Transform Dallas citywide workday project in
2017.
Learn how you can support and promote the DLF
Community program at Dallas Leadership Foundation by visiting dlftx.org.