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Fort Worth Council adds $5M to proposed bond total to expand affordable housing portion

The proposed Fort Worth 2026 bond saw a slight bump of $5 million for a total cost of $845 million.

What’s happening: During a Fort Worth City Council work session Jan. 27, council members got an update that city staff refunded $65 million in debt in December. The move saves $460,000 through fiscal year 2034-35 and means the city was able to increase the bond capacity, according to the presentation.

The plan, by a consensus of the 11 council members, was to add $5 million to the bond for the affordable housing proposition.

That is one of six propositions that could be on the ballot. Streets and mobility infrastructure is the largest portion at $511.5 million, or 60.5% of the overall bond.

What they’re saying: District 4 council member Charlie Lauersdorf questioned why the $5 million was added to public housing when there were suggestions at the previous meeting about adding that money for infrastructure improvements, such as roadwork, according to previous reporting.

 
Latest Education News
Several Denton, Keller, Northwest ISD schools receive funding from TangerKids grants

Several schools in Denton, Keller and Northwest ISD will receive grants from Tanger Outlets through its TangerKids Grant Program to support programs at the districts, according to a news release.

The gist: Denton ISD will receive $1,750 for Wayne Stuart Ryan Elementary School to go toward its “Si Se Puede” program.

Keller ISD will receive $1,300 for Basswood Elementary School to go toward its “Together We Thrive” program.

Grant amounts and recipients for Northwest ISD include:

  • $825 for Medlin Middle School to go toward its “Soaring to New Adventures” program, which is a special education field trip initiative
  • $1,000 for the Northwest ISD Education Foundation to go toward the “Fueling Futures: Snack Packs for Student Success” program, which provides snack packs for students in the district

About the program
: The locally awarded grants are part of more than $200,000 funded by 37 Tanger Outlets shopping centers in the U.S. and Canada, the release states. The TangerKids program has awarded grants since 1996, according to its website.

 
CI Business
Francesca's to close all locations, liquidate inventory

After 26 years in business, Houston-based clothing retail chain Francesca’s started the process of liquidating all merchandise and closing all stores in mid-January, according to a letter from company officials to the Texas Workforce Commission.

The company operates more than 450 stores in over 45 states, with 52 of those stores being in Texas, according to the company website.

One of those locations includes the Francesca's store at Tanger Outlets Fort Worth.

What happened: In early January, the company received a notice of default from its lender that required the company to permanently shut down, according to the letter.

“After assessing options, the Company concluded, in its business judgment, that it had no alternative but to immediately cut costs, sell existing inventory, and ultimately cease operations,” the letter states.

  • Began liquidating Jan. 14

 
Metro News Monday
Frisco's Grand Park groundbreaking set, McKinney development moves forward: 6 Dallas-Fort Worth stories

Developers have set a groundbreaking date for Frisco's Grand Park. Meanwhile, a development featuring more than 100 single-family homes has been greenlit in McKinney and a new subdivision is set to bring 65 homes to Flower Mound.

Read some of the top-trending stories from Community Impact's Dallas-Fort Worth coverage areas.

Pottery Barn set to close in Frisco’s Stonebriar Centre

Morphic Development gets zoning approval for homes in north McKinney

Abbott’s Frozen Custard closes McKinney shop

Ice cream and aircraft: 14 business updates in central, East McKinney

Frisco to break ground on Grand Park in April as Exide cleanup continues

Flower Mound council approves 65-home Canyon Falls subdivision

 
CI Texas
Q&A: Meet the Democratic primary candidates running for Texas land commissioner

Two Democratic candidates are running to lead the Texas General Land Office in the upcoming March 3 primary election.

The big picture: Benjamin Flores and Jose Loya are vying for the Democratic nomination for Texas land commissioner. The winning Democratic candidate will face Republican incumbent Dawn Buckingham in November, and the winner of that election will begin serving as land commissioner in January 2027.

Buckingham, who is seeking a second four-year term as land commissioner, is running uncontested in the Republican primary. Community Impact runs candidate Q&As for contested races only.

The context: The General Land Office manages 13 million acres of state lands, with duties such as allocating disaster recovery funds, leasing state lands to generate revenue for the state's Permanent School Fund, preserving state landmarks such as the Alamo and overseeing several veterans programs. It is Texas’ oldest state agency, according to its website.

 
What's Happening at CI
Real estate, networking and prizes: Community Impact's InCIder Hour heading to DFW on Feb. 17

The overview: As Community Impact enters its third decade, it’s returning to its roots of growth and deeper reader connections. The “Patron” program, which began in 2020 by reader demand, has relaunched as InCIder.

“This relaunch represents our renewed commitment to readers who support our local news,” CEO John Garrett said. “Beyond funding great journalism, we also want to reward our InCIders and build deeper connections with them, creating a true sense of community around the work we do.”

Event details: As part of the new program, Community Impact is hosting InCIder Hours across the state, events designed to celebrate and engage the company’s top supporters.

DFW’s first InCIder Hour will take place from 5:30-7 p.m. Feb. 17 at Community Impact’s DFW headquarters, 3803 Parkwood Blvd., Ste. 500, Frisco.

Guests will have the opportunity to network with fellow InCIders, meet Community Impact staff and attend a moderated real estate-focused panel.

Become an InCIder today to get your invite! We’ll see you there.

 

Your local team

Gabby Bailey
Editor

Arlin Gold
General Manager

Email [email protected] for story ideas, tips or questions.

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