Legislation Details

File #: 24-7039    Version: 1 Name: Public Hearing and Resolution 2024 - 445 SH 352
Type: Agenda Item Status: Failed
File created: 1/30/2024 In control: City Council
On agenda: 2/19/2024 Final action: 2/19/2024
Title: Conduct a public hearing and consider a resolution supporting SDTX Mesquite Limited Partnership's application to the Texas Department of Housing and Community Affairs (TDHCA) for 2024 Competitive 9% Housing Tax Credits Program for the construction of an approximately 88-unit affordable multi-family rental housing development to be located at 445 State Highway 352, in accordance with Chapter 2306 of the Texas Government Code and authorizing the City Secretary to certify the resolution to the TDHCA.
Attachments: 1. Location Map and Overview of Project, 2. Resolution

Title

Conduct a public hearing and consider a resolution supporting SDTX Mesquite Limited Partnership’s application to the Texas Department of Housing and Community Affairs (TDHCA) for 2024 Competitive 9% Housing Tax Credits Program for the construction of an approximately 88-unit affordable multi-family rental housing development to be located at 445 State Highway 352, in accordance with Chapter 2306 of the Texas Government Code and authorizing the City Secretary to certify the resolution to the TDHCA.

 

Body

The applicant will present information regarding a proposed 88-unit affordable housing development for families.  The applicant intends to apply for 9% Competitive Housing Tax Credits (HTC) through the Texas Department of Housing and Community Affairs (TDHCA).  An approved resolution will provide points toward the scoring of their competitive grant application.  The applicant is also requesting a $500.00 financial commitment from the City.

 

Rezoning of the property would be required for multifamily development of the parcel.  Support of the requested resolution would not bind the City Council to any future rezoning decision.

 

Recommended/Desired Action

Conduct a public hearing and consider action on a resolution.

 

Attachment(s)

Location Map and Overview of Project

Resolution

 

Drafter

Jeff Armstrong

 

Head of Department

Jeff Armstrong