Dallas Business Journal
By: Brittany Bell, May 20, 2025
Texas is in the midst of a housing attainability crisis—one that’s growing more acute by the year, particularly in rapidly developing regions like North Texas. As the median home price pushes past $400,000 and the average first-time homebuyer approaches age 39, the long-held perception of Texas as a haven for affordable housing is being challenged. According to Steve Robinson, founding partner at Allen Boone Humphries Robinson (ABHR), these pressures are not just reshaping the real estate landscape—they’re threatening the very foundation of the so-called “Texas Miracle.”
“If we can’t house our people—if workers can’t afford to live where the jobs are—it’s going to stifle the economy,” Robinson says. “What we do at ABHR is help build great communities. We use innovative financing tools to make those communities more attainable for more Texans.”
One of the most powerful tools in Texas' housing development toolbox? The Municipal Utility District, or MUD—a mechanism Robinson and his team have helped deploy across the state to fund critical infrastructure and enable large-scale, master-planned developments.
