Hines opens Maple Terrace Residences in Uptown Dallas

Plus: Keller Williams co-founder Gary Keller on winning

August 15, 2024

👋 It’s Thursday already! You’re almost there. 

Today's newsletter is 600 words — a 2.5-minute read.

1. HUD announces $100M in housing grants

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced the availability of $100 million in new, competitive grant funding that is designed to address bureaucratic impediments to the construction of new housing while lowering the costs to rent or buy a home.

Through HUD’s Pathways to Removing Obstacles to Housing (PRO Housing) program, communities across the nation are eligible to apply for funding to remove barriers to local housing production.

HUD announced

The deadline for this round of funding applications is Oct. 15, 2024.

2. Housing projects are being plotted across San Antonio's most desirable submarkets

This week, more than a dozen new subdivisions are being filed with the city of San Antonio's Planning Commission. These include commercial developments, as well as new residential endeavors or new phases of existing projects.

The following subdivisions were on the docket for the Aug. 14 meeting of the city of San Antonio's Planning Commission: LINK

1. Elizondo Subdivision, Unit 5

2. Stone Oak Mercantile Subdivision

3. Kinney Road Estates

4. Piedmont

5. I-10/I-410 Distribution Center

6. RV Park at Potranco Road

7. Enclave

8. Sage Run Road Phase 2

9. Hunters Ranch Subdivision Unit 16C

10. Evans/Bulverde Unit-2

11. The Preserve at Annabelle Ranch

12. Altura at Tezel Duplexes

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3. Catch up quick

📉 San Antonio sees the second lowest apartment occupancy rates in Texas. (MRI)

🚀 Hines opens Maple Terrace Residences in Uptown Dallas. (Hines)

🏆 Gary Keller on winning in a market that’s ‘as bad as it gets’. (Yahoo)

🏟️ San Antonio City Council discusses new $160 million stadium plan. (Axios)

🚌 Fun read: North East ISD bus driver Phil Purvis won the Texas school bus “roadeo” championship. (KSAT)

4. H-E-B, apartments, and more planned for mixed-use development in Allen

Trammell Crow kicks off a 60-acre mixed-use development in Allen that is expected to be anchored by an H-E-B supermarket.

The project will include a 102-unit townhomes-for-rent community totaling 256,000 sqft, 434 apartment units totaling 464,000 sqft, and a five-level parking garage.

Construction on the apartments and townhomes is expected to begin in November this year and wrap up in December 2026.

5. Top Texas cities with the best and worst drivers

Do the worst or best Texas drivers live in your city?

ConsumerAffairs crunched some driving data and came up with a way to assign numbers that correspond to how safely or unsafely folks drive in 60 Texas cities that have a population of 50,000 or more. They called the final number a city's 'crash score'.

Cities with the worst drivers (Crash score included):

  1. Galveston - 97.63

  2. San Marcos - 56.60

  3. Wichita Falls - 54.64

  4. Midland - 52.83

  5. Port Arthur - 50.09

Cities with the best drivers (Crash score included):

  1. League City - 2.64

  2. Frisco - 4.95

  3. Sugar Land - 5.45

  4. Mansfield - 8.14

  5. Pflugerville - 9.30

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