Tax Increment Reinvestment Zone Number Eleven

Authorization to hold a public hearing on May 14, 2025 to consider amendments to the Downtown Connection TIF District plan, including a directed sale of the city-owned Fire Station No. 18 parcel at 660 N. Griffin Street and reprogramming approximately $17.56 million in TIF funds to support the relocation and construction of a new Fire Station No. 18.

…mendments to the Project Plan and Reinvestment Zone Financing Plan (“Plan”) for Tax Increment Reinvestment Zone Number Eleven, the Downtown Connection Tax Increment Financing (“TIF”) District (“Zone”) to:…

Authorizes the Dallas Housing Finance Corporation to acquire Oak & Ellum, a market-rate multifamily development at 2627 Live Oak Street, for affordable housing development, and accepts a $1,489,361 one-time payment in lieu of tax increment from Waterford Property Company for tax years 2025–2027, with a total estimated revenue foregone of $9,502,325.

Authorize (1) acquisition by the Dallas Housing Finance Corporation (DHFC) of Oak & Ellum, an existing market-rate multifamily development located at 2627 Live Oak Street, Dallas, Texas 75204 for deve