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Denton promotes affordable housing with adjusted tax credit requirements

Denton City Council discussed changes to the housing tax credit program requirements in order to provide more affordable housing to residents at a Nov. 18 work session.

The details: The housing tax credit program is a federally funded, state-administered program that supports affordable housing by giving tax exemptions to developments that include income-restricted rental housing, per city documents.

Since Denton adopted its current policy in 2018, nine projects have received council support and later won tax credit awards, producing 1,595 affordable units, city documents state. However, only 283 of those units serve households earning below 50% of the area's median income, according to city documents.

In response to council concerns raised during past project reviews, city staff presented a comprehensive update that adds new requirements and introduces a formal scoring system.

Quote of note: “I think this is a huge step for our city in delivering what is needed in our community while being fiscally responsible,” council member Jill Jester said.

 
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Tire Store Service Center performs automotive repairs, tire sales

Family-owned automotive repair and tire shop Tire Store Service Center opened a new Denton location in late October, Owner Sammy Ghanim said.

The Denton shop is the business’s eleventh Dallas-Fort Worth location, Ghanim added.

What they offer: The service center sells and installs tires, and performs automotive maintenance, including brake repairs, alignments and mechanical repairs, according to the company’s website.

  • 3318 E. University Drive, Denton

 

FOODIE FRIDAY
Check out these new restaurants and bars opening across the Dallas - Fort Worth area.

Tasty Treats Creamery in Richardson has over 36 ice cream flavors, and guests can create their own milkshakes. 

Tasty Treats also serve warm desserts made fresh daily, including brownies, doughnuts and waffles.

The shop will have its grand opening Nov. 22.

Read now.

 

🥗 Bread Zeppelin to expand to Frisco, McKinney, Richardson
(Read more)

🥪 Jersey Mike's to offer sandwiches in Argyle
(Read more)

🐐 Twisted Goat Coffee to offer coffee and baked goods in Flower Mound
(Read more)

🍕 Slice House by Tony Gemignani to bring artisanal pizza to Frisco
(Read more)

 

Kimiya Japanese Cuisine recently opened in McKinney, a business representative said.

The restaurant offers all-you-can-eat sushi, sashimi, rolls, ramen, hibachi, teriyaki, tempura, noodles, desserts and more.

Read now.

Statewide News
Record number of Texans expected to travel during Thanksgiving week

Thanksgiving week is expected to be one of the busiest U.S. travel periods in history, according to projections from AAA. A record 5.8 million Texans are projected to travel at least 50 miles from home Nov. 25-Dec. 1.

Zooming in: About 5.3 million Texans are expected to drive to their Thanksgiving destinations, according to a Nov. 17 news release, while about 328,000 people will fly and 140,000 will use other forms of transportation.

The impact: Texans should give themselves extra time to reach their destinations during Thanksgiving week, with the most congestion expected Nov. 25-26. Traffic is also expected to be heavy as Texans return home Nov. 30, according to INRIX, a transportation data company.

Minimal traffic is expected on Thanksgiving Day.

More details: Texas drivers will pay about the same for gas as they did last Thanksgiving, according to AAA Texas. One gallon of regular unleaded gas cost about $2.65 in Texas as of Nov. 13, down from $2.69 last year.

 

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Connor Pittman
Editor

Arlin Gold
General Manager

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