AGENDA CAPTION:
Title
Hold discussion related to the Champions Crossing, LLC Letter of Support for an application to the Texas Department of Housing and Urban Affairs (TDHCA), and provide direction to Staff.
Body
Meeting date: August 3, 2021
Department: Planning and Development Services - Request of Mayor Hughson
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Background Information:
On June 16, 2021 a representative of Champions Crossing LLC reached out to staff in reference to their intent to rehabilitate the Champions Crossing, Low Income Housing, Development and to apply to TDHCA for Low Income Housing Tax Credits (LIHTC).
On June 24, 2021 the representative emailed a template letter of support to various stakeholders, including City Council Members. The template letter is attached.
A new LIHTC development would be required to submit an application to staff, undergo internal review, and be presented to the Workforce Housing City Council Committee for a recommendation prior to consideration of a resolution of support.
Champions Crossing is different in that it is an ex...
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