Dallas Area Habitat for Humanity Announces $100 Million Signature Project, Dream Dallas …New neighborhoods for the most impoverished areas of Dallas will move blighted property to the right side of the City’s balance sheet.

Dallas Area Habitat for Humanity announced a $100 million signature project at City Hall today called Dream Dallas, an initiative to revitalize, reclaim and reinvent neighborhoods in Dallas’ most impoverished areas including Bonton, South Dallas/Fair Park, Joppa, Lancaster Transportation Corridor and West Dallas. The $100 million will be used to fund new Dallas Habitat homes, refurbish existing homes and purchase land for future development.

“Dream Dallas is not just new homes, it’s new neighborhoods,” said Bill Hall, CEO of Dallas Area Habitat for Humanity. “We see a Dallas where every neighborhood is proud and we’re proud of every neighborhood. Dallas Habitat is looking to transform these impoverished areas into neighborhoods people want to call home, and break the cycle of poverty for deserving families in Dallas.”

Dream Dallas is a comprehensive approach to neighborhood revitalization. Working collaboratively with partner organizations, Dream Dallas will focus on the essential needs of reducing crime, encouraging access to public transportation, improving education, enhancing medical services, promoting development of retail services and partnering with existing community programs like mentoring services.

“One house can make a difference for one family,” said Mike Gruber, Chair of the Dream Dallas Advisory Council. “But homeowners, non-profits, private industry and governmental agencies working together, reaching for the same goal, can revitalize, reclaim and reinvent entire neighborhoods, improving all of Dallas in the process.”

“Dream Dallas can forever change and improve the City of Dallas,” said Mike Rawlings, Mayor of Dallas. “This is the right type of public-private partnership, in the right neighborhoods, at the right time. Dallas is committed to working hand-in-hand with Dallas Habitat to see this project through to completion.”

The Dream Dallas Advisory Council
Mike Gruber Gwyneith Black Toni Brinker Tim Dove
Stan Fredrick Ron Gafford Stephen Goldmann Tom Karol
Sarah Losinger David Michel Erle Nye Brint Ryan
Roger Staubach Mari Woodlief

About Dallas Area Habitat for Humanity
Dallas Area Habitat for Humanity transforms neighborhoods by engaging families and community partners in creating affordable housing. Dallas Area Habitat’s vision is that all individuals and families live in thriving neighborhoods where hopes and dreams are realized for generations to come because poverty housing is socially, politically and spiritually unacceptable. Since 1986, Dallas Habitat has served over 850 low-income families using homeownership as an anchor for hope, change and fellowship resulting in an investment of approximately $95 million in more than 20 neighborhoods of Dallas County that adds over $2 million annually to Dallas County tax rolls. Dallas Area Habitat for Humanity is the largest builder of single-family homes in the City of Dallas. For more information visit www.dallas-habitat.org .

Dream Dallas Investment
November 2, 2011

Bonton: $17 million
· 105 new Habitat homes

· 20 refurbished homes

· 367 family members affected

· Acquisition of land and nuisance properties

· Operational sustainability

Joppa: $13 million
· 75 new Habitat homes

· 20 refurbished homes

· 335 family members affected

· Acquisition of land and nuisance properties

· Operational sustainability

Lancaster Transportation Corridor: $16 million
· 105 new Habitat homes

· 20 refurbished homes

· 367 family members affected

· Operational sustainability

South Dallas/Fair Park: $20 million
· 105 new Habitat homes

· 20 refurbished homes

· 367 family members affected

· Acquisition of land and nuisance properties

· Operational sustainability

West Dallas: $17 million
· 75 new Habitat homes

· 20 refurbished homes

· 340 family members affected

· Acquisition of land and nuisance properties

· Operational sustainability

Additional opportunities: $17 million
· Purchase land and leverage public funding for:

o Hickory Creek development

o Senior housing developments

o Veteran housing programs

Dream Dallas Donors
November – 2011

$1,000,000 +
Brint Ryan/The Brint Ryan Family
Highland Park United Methodist Church
The Rees-Jones Foundation

$600,000-$1,000,000
JP Morgan Chase Foundation

$200,000-$500,000
Joyce and Stephen Goldmann
Bank of America
Wells Fargo
Pioneer Natural Resources
The Mike & Mary Terry Family Foundation
Mary Kay Inc.
Marianne and Roger Staubach

$100,000-$150,000
Junior League of Dallas
The Harold Simmons Foundation
George and Fay Young Foundation
Anonymous
Frankie and Butch Bercher
Dorothy and Russell Budd
J. Stanley Fredrick
Diane and Mike Gruber
Gail and Daryl Kirkham
David and Deborah Michel
Nancy and Rex Spivey
Melissa and Phillip Wise
Mari Woodlief

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