UPDATE: Fort Worth Housing Solutions has just announced its approval to purchase the Ramble & Rose apartment complex located at 501 W. Rosedale St. for up to $69 million. The board’s decision on November 20, 2025, represents a significant step towards expanding affordable housing options within the city.
This acquisition is critical amid ongoing housing challenges in Fort Worth. According to agency spokesperson Camille Rasor, owning the property outright will provide the agency with greater control and financial flexibility to enhance resident services and fund operations. “This acquisition is part of our strategic plan to increase our affordable housing portfolio across the city,” Rasor stated.
The board’s unanimous vote followed a motion from member Richard Stinson, seconded by Brittany Hall. The anticipated purchase price is $64 million, with the $69 million figure accounting for potential contingencies linked to bond market fluctuations before finalization.
The decision comes at a crucial time as Fort Worth grapples with increasing demand for affordable housing solutions. The Ramble & Rose complex will play a vital role in the city’s strategy to address these needs directly. Authorities confirmed that the acquisition would allow Fort Worth Housing Solutions to enhance its financial stability and operational capabilities significantly.
In addition to this key transaction, the board also approved the issuance and sale of residential development revenue bonds, further supporting the agency’s financial strategy. This move underscores the urgent need for housing solutions in Fort Worth, where many families are struggling to find affordable living options.
As the situation develops, residents and stakeholders will be watching closely to see how this acquisition shapes the future of affordable housing in Fort Worth. The agency aims to make swift progress on integrating this property into its portfolio to provide immediate benefits to the community.
For more updates on this developing story, stay tuned as Fort Worth Housing Solutions continues to advance its mission of enhancing living conditions for residents across the city.
