Affordable Housing in Denton

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Affordable Housing Input NeededTo prioritize, plan and implement affordable housing goals in Denton, please share your feedback and input to let us know what affordable housing means for you, your family, or business.

The need for housing that is affordable for people at all income levels is not unique to Denton. Access to safe, affordable housing is a topic of concern across the county, region and nation. Determining housing affordability is complex and commonly a combination of factors within the housing system that includes household incomes, housing costs, housing supply and housing demand.

Denton's unique mix of historical investment, current inventory, development practices and future growth all shape any potential housing strategies defined by policy and investment. The City of Denton plays a role in helping the community with affordable housing for families earning the lowest wages - from working as a partner with non-profit housing agencies to providing fee waivers to developers for the development of affordable housing or nonprofit facilities.

In 2020, the City completed Phase 1 of an Affordable Housing Assessment analyzing primary needs and characteristics of Denton's diverse housing market. You can find the report, Affordable Housing Needs & Market Value Analysis, in the Resources and Document Library. According to the report, Denton needs more homes-for-sale priced below $200,000 and rental units priced below $900 per month to accommodate existing and future families in the City.

Community input received through this forum will be considered in the development of a toolbox report prioritizing affordable housing strategies in Denton.

Affordable Housing Input NeededTo prioritize, plan and implement affordable housing goals in Denton, please share your feedback and input to let us know what affordable housing means for you, your family, or business.

The need for housing that is affordable for people at all income levels is not unique to Denton. Access to safe, affordable housing is a topic of concern across the county, region and nation. Determining housing affordability is complex and commonly a combination of factors within the housing system that includes household incomes, housing costs, housing supply and housing demand.

Denton's unique mix of historical investment, current inventory, development practices and future growth all shape any potential housing strategies defined by policy and investment. The City of Denton plays a role in helping the community with affordable housing for families earning the lowest wages - from working as a partner with non-profit housing agencies to providing fee waivers to developers for the development of affordable housing or nonprofit facilities.

In 2020, the City completed Phase 1 of an Affordable Housing Assessment analyzing primary needs and characteristics of Denton's diverse housing market. You can find the report, Affordable Housing Needs & Market Value Analysis, in the Resources and Document Library. According to the report, Denton needs more homes-for-sale priced below $200,000 and rental units priced below $900 per month to accommodate existing and future families in the City.

Community input received through this forum will be considered in the development of a toolbox report prioritizing affordable housing strategies in Denton.

  • What Does Affordable Housing Mean?

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    "Affordable" means a household pays no more than 30% of their gross income for a housing payment. For renters, this includes monthly rent and utility costs. For owners, this includes monthly mortgage payments plus taxes and insurance. This definition is a standard used by the U.S. Department of Housing and Urban Development (HUD) and is commonly used when discussing or analyzing affordable housing.

    Affordable housing policy and programs tend to use income categories based on HUD definitions relating to “Area Median Income” or “AMI.” This is the “middle point” of annual earnings for all families within the Dallas Metropolitan Area. In 2020, the Dallas AMI was $86,220 per year. The below table from the Affordable Housing Needs and Market Value Analysis Report outlines housing affordability for renter and home owners based on AMI.

    The City’s activities to meet the goals in the 2015‐2019 Consolidated Plan are reported annually in the HUD Consolidated Annual Performance and Evaluation Report (CAPER). The City of Denton has a strong record of performance and was able to meet most of its 2015‐2019 Consolidated Plan five‐year goals. Below is an overview of the proposed goals and the actual accomplishments including a completion rate. During the last five years, the Con Plan goals were focused on affordable rental housing preservation (55 household housing units), home repair (235 household housing units), homeownership (30 household housing units), public facility improvements (10,000 persons assisted), and public services activities (2,800 persons assisted) with an emphasis on homeless assistance (6,500 persons assisted).


Page last updated: 04 August 2021, 12:57