realestate

Dallas Developer Admits to Paying City Council Bribes

Dallas real estate developer pleads guilty to bribery of city officials.

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Dallas real estate developer, Sherman Roberts, has pleaded guilty to bribing two city officials in exchange for support of his affordable housing projects. According to court documents, Roberts paid thousands of dollars in cash and promised future payments to Mayor Pro Tem Dwaine Caraway and city council member Carolyn Davis in 2015. In return, they supported loans and low-income housing tax credits for Roberts' projects, including Serenity Place and Patriot's Crossing.

    Documents show that Davis promoted Serenity Place to the City Housing Committee, recommended a 9% low-income housing tax credit, and voted to approve a $1.9 million loan from the City of Dallas. Caraway was paid cash and a monthly stipend to deliver Roberts' project, Patriot's Crossing, without seeking other bids.

    Roberts faces up to five years in federal prison for conspiracy to commit bribery. He is scheduled to be sentenced on March 12, 2025. This case is part of a larger scandal involving three real estate developers charged with bribery and conspiracy. Former city officials Caraway and Davis have previously pleaded guilty to related charges, with Caraway serving time in prison before being released in 2022.

Dallas developer confesses to bribing city council members in corruption scandal.