Title
A resolution expressing support for the application of Mariposa Mesquite LP, for nine-percent low income housing tax credits with the Texas Department of Housing and Community Affairs for the construction of the Mariposa Apartment Homes at Mesquite development, a Senior Living Community, to be located northeast of U.S. Highway 80 and North Galloway Avenue and providing a local funding commitment for the development.
Body
Mariposa Mesquite LP, has proposed a development for a Senior Living apartment home community to be located northeast of U.S. Highway 80 and North Galloway Avenue. The development will be named Mariposa Apartment Homes at Mesquite and will be an active senior adult 55 plus community.
Mariposa Mesquite LP, has advised that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) in the 2020 competitive nine percent application round for Housing Tax Credits and TDHCA HOME Funds for the Development. The applicant has asked that the City of Mesquite support the proposed development and vote to approve the construction of the development. The applicant is also asking that the City of Mesquite authorize an allocation of Housing Tax Credits for the development and authorize the applicant to apply on behalf of the City for HOME funds for the development.
The resolution is solely related to potential TDHCA financing for a Senior Living Community and is not a statement of approval for any other matter, including but not limited to site plans, building permits or zoning, as such decisions shall be made in due course with a future request.
Recommended/Desired Action
Staff recommends approval of the resolution.
Attachment(s)
Resolution
Drafter
Chris Sanchez
Head of Department
Cliff Keheley