The future of housing in Fort Worth is dynamic and diverse, requiring a mix of dense single-family homes, creative multifamily zoning and nonprofit investment, a panel of city stakeholders said.
Housing affordability was at the center of a discussion on Thursday during the Fort Worth Report’s 1 Million & Counting Growth Summit and Luncheon, which explored how nonprofits and developers are addressing the city’s booming growth and rapidly rising housing costs.
The panel featured Becky Bass, executive director of Fort Worth Community Land Trust; Will Northern, owner and founder of Crescendo Development; and Michelle Thomas, executive director of global philanthropy for JPMorgan Chase.
Average home sale prices in Fort Worth have risen about 190% since 2010, according to estimates from the U.S. Department of Housing and Urban Development — a price hike due to demand outpacing housing supply, rising construction costs and inflation…