* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. [00:00:01] A NEW AFFORDABLE HOUSING INITIATIVE [Grand Prairie Alice Court Affordable Housing Development Groundbreaking] IS COMING TO GRAND PRAIRIE. 3, 2, 1. ALRIGHT. THE ALICE CORD, AFFORDABLE HOUSING DEVELOPMENT WILL BE LOCATED ON VACANT LAND JUST SOUTH OF DOWNTOWN. 10 NEW HOUSES ARE GOING TO BE BUILT AT THE SITE WITH MODERN FLOOR PLANS THAT OFFER THREE BEDROOMS, TWO BATHS, AND A TWO CAR GARAGE. THEY WILL BE PRICED TO MAKE HOME OWNERSHIP ACCESSIBLE FOR LOW TO MODERATE INCOME FAMILIES. THE CITY OF GRAND PRAIRIE'S MEDIAN INCOME IS $76,200. ANYBODY THAT IS AT 80% OR BELOW THAT WILL BE ABLE TO STAY HERE. THAT WOULD PUT SOMEBODY AT ABOUT $61,000 OR BELOW WILL BE ABLE TO QUALIFY TO LIVE HERE. THE AFFORDABLE HOUSING RANGE RIGHT NOW IN DALLAS COUNTY IS $350,000. SO THAT'S PROBABLY ABOUT THE CHEAPEST YOU'RE GOING TO FIND WHEN YOU WANNA BUY A HOUSE. AND GUESS WHAT? WHEN WE DID THAT ANALYSIS, THERE WERE VERY FEW AREAS IN DALLAS COUNTY THAT ACTUALLY YOU COULD BUY A HOME FOR THAT PRICE. THE NEW HOMES ARE A COLLABORATION BETWEEN THE CITY, DALLAS COUNTY, THE GRAND PRAIRIE COMMUNITY HOUSING DEVELOPMENT ORGANIZATION, HOPE FOR ALL AND THE HOUSING CHANNEL. IT IS JUST REALLY ONE OF THE THINGS THAT I DREAMED OF FOR MANY, MANY YEARS TO SEE OUR CITY BEGIN DOING. AND OUR COUNCIL HAS LED US TO THIS AND HAS GIVEN ME THE OPPORTUNITY TO BE THE CITY MANAGER WHEN WE ACTUALLY STARTED THIS. THE ALICE COURT DEVELOPMENT IS SCHEDULED TO BE FINISHED BY LATE 2025. FOR MORE INFORMATION, VISIT THE GRAND PRAIRIE HOUSING AND NEIGHBORHOOD SERVICES AT GPTX.ORG/DEPARTMENTS/HOUSING NEIGHBORHOOD SERVICES. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.