Colonial Hill

What Colonial Hill's governing documents say

This document is a set of deed restrictions for an affordable housing development (Colonial Hill Addition) in Dallas, TX, not a typical HOA or condo. It is an amendment that binds current and future owners to keep the property as affordable housing for low-income households, enforced by the City of Dallas.

• Affordability requirements: The property must be sold only to low-income individuals or families (annual income ≤ 80% of Dallas median income). The purchase price and appraised value cannot exceed 95% of HUD's 203B mortgage limits. Only one unit per lot, and no more than four affordable units total on the property.
• Occupancy and use: The property must be used as the owner's principal residence. No part can be used as an investment property, recreational home, or for trade/business (if more than 15% of area is used for business). Leasing or rental is not explicitly addressed but the principal-residence requirement effectively prohibits it.
• Resale restrictions: Before any sale or transfer, the seller must provide 30 days' notice to the City's Housing Director, verify the buyer's income, and obtain written approval. The lot can only be sold to another income-qualified household who will occupy it as their principal residence.
• Duration: The deed restrictions run for five years from the date the initial homeowner receives the deed from the nonprofit developer. After five years, the restrictions automatically terminate on that lot, subject to compliance with program requirements.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.