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File #: 15-1350   
Type: Procedural
In control: City Council A Session
On agenda: 2/19/2015
Posting Language: Consideration of Resolutions in Support for the following nine projects by applicants seeking Housing Tax Credits with the Texas Department of Housing and Community Affairs for Low Income Housing Projects: [Peter Zanoni, Deputy City Manager; John Dugan, Director, Planning and Community Development]
Attachments: 1. Map4 Tax Credit Project Locations WO Wheatley, 2. Draft Resolution - Artisan at Judson Park, 3. Draft Resolution - Artisan at Potranco Park, 4. Draft Resolution - Bistrol Pointe, 5. Draft Resolution - Madison Apartments, 6. Draft Resolution - Medio Springs Ranch Apartments, 7. Draft Resolution - Silver Oak Village, 8. Draft Resolution - Sonoma Pointe, 9. Draft Resolution - Venado Parque, 10. Draft Resolution - Vista Pointe at Wild Pine
Related files: 15-1570, 15-1567, 15-1571, 15-1827, 15-1568, 15-1563, 15-1564, 15-1565, 15-1566, 15-1569
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DEPARTMENT: Department of Planning and Community Development


DEPARTMENT HEAD: John M. Dugan


COUNCIL DISTRICTS IMPACTED: 4, 8, 9, 10, and ETJ


SUBJECT:

Resolution of Support for Applicants Seeking Texas Department of Housing and Community Affairs Housing Tax Credits


SUMMARY:

This item presents to the City Council recommendations for a "Resolution of Support" for multi-family rental housing development projects applying for housing tax credits from the Texas Department of Housing and Community Affairs.


BACKGROUND INFORMATION:

The Texas Department of Housing and Community Affairs (TDHCA) in the administration of its Housing Tax Credit (HTC) Program awards competitive application points for a resolution(s) from a Governing Body of a municipality on the following basis:

(A) Within a municipality, the application will receive:
* seventeen (17) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality supports the application or development; or
* fourteen (14) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality has no objection to the application or development.

(B) Within the extraterritorial jurisdiction of a municipality, the Application may receive:
* eight and one-half (8.5) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality supports the Application or Development; or
* seven (7) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality has no objection to the Application or Development


ISSUE:

Utilizing the City Council adopted evaluation criteria and TDHCA's 2015 Qualified Allocation Plan (QAP), staff developed an application process and schedule. On January 30, 2015, the City issued a request for applications for multi-family rental housing development projects see...

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