DFW faces a growing shortage of affordable senior housing just as the silver tsunami of residents 65 and older in North Texas is projected to triple by 2050.
With nearly 90% of Dallas-Fort Worth’s stockpile of senior housing occupied and little affordable product on the way, baby boomers turning 80 and older could be in for the fight of their lives when looking for affordable housing options in the years to come.
But building more will be an uphill battle, thanks to a lack of incentives, dwindling financing options and an industry that has become gun-shy about overextending itself after taking a battering during the…