Paradise Gardens Apartments Affordable Housing Conversion
Sector: Residential • Location: Dallas, Texas, United States
Source: Connect CRE
LEDG Capital is converting the 113-apartment Paradise Gardens Apartments in Dallas from market-rate to 100% affordable housing. The project includes a 10-month renovation with a $5.2 million budget to modernize the property. The 90 market-rate units will be converted to affordable housing under a Low-Income Housing Tax Credit Land Use Restrictive Agreement for 30 years, targeting households earnin
- Status
- Prospective
- Sector
- Residential, Government
- Location
- Dallas, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- Connect CRE
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | LEDG Capital is converting the 113-apartment Paradise Gardens Apartments in Dallas from market-rate to 100% affordable housing. The project includes a 10-month renovation with a $5.2 million budget to modernize the property. The 90 market-rate units will be converted to affordable housing under a Low-Income Housing Tax Credit Land Use Restrictive Agreement for 30 years, targeting households earning between 30 and 80 percent of the Area Median Income (AMI). |
Original sector | Residential |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
City | Dallas |
Source
Source | Connect CRE |
URL |
More Details
Record type | Project |
Sector | Residential, Government |
Article published date | 2025-06-18 |
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