Dallas Development Fund
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June 2026
Authorization for the Dallas Development Fund to participate in a New Markets Tax Credit transaction, allocating up to $8 million of its $55 million NMTC allocation to support the Forest Theater Redevelopment Project at 1918 Martin Luther King Jr. Boulevard, in partnership with Forest Forward and U.S. Bancorp Community Development Corporation, at no direct cost to the City.
Authorize a New Markets Tax Credit (NMTC) transaction between the Dallas Development Fund (DDF), a Dallas-based Texas non-profit corporation and certified Community Development Entity or a subsidiary
Authorizes a New Markets Tax Credit (NMTC) transaction involving the Dallas Development Fund, The Salvation Army of North Texas, and Capital One, allocating up to $8 million of DDF's $55 million NMTC allocation to support construction or renovation at the Salvation Army Campus Project on North Stemmons Freeway.
Authorize a New Markets Tax Credit (NMTC) transaction between the Dallas Development Fund (DDF), a Dallas-based Texas non-profit corporation and certified Community Development Entity or a subsidiary
Authorization for the Dallas Development Fund to enter a New Markets Tax Credit transaction, allocating up to $15 million in NMTC credits with Pecan Deluxe and Dudley Ventures/Valley Bank to support the Pecan Deluxe Manufacturing Expansion Project at 2575 Lone Star Drive, with no direct cost to the City.
Authorize a New Markets Tax Credit (NMTC) transaction between the Dallas Development Fund (DDF), a Dallas-based Texas non-profit corporation and certified Community Development Entity or a subsidiary
January 2026
Briefing memorandum informing the council that the Dallas Development Fund has been awarded a New Markets Tax Credit allocation, presented by the Deputy Director of the Office of Economic Development.
Dallas Development Fund Awarded New Markets Tax Credit Allocation [Heather Lepeska, Deputy Director, Office of Economic Development]
February 2025
Authorization of a New Markets Tax Credit transaction of up to $7 million through the Dallas Development Fund for a qualified project at 1600 Pennsylvania Avenue, in partnership with St. Philip's School and Community Center and Capital One.
Authorize a New Markets Tax Credit (NMTC) transaction between the Dallas Development Fund, a Dallas-based Texas nonprofit corporation and certified CDE or a subsidiary thereof (DDF), St. Philip’s Scho