Villas at WH 20, LP
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September 2025
Amends a TIF development agreement for the Mariposa at Western Heights mixed-income apartment development to subordinate city deed restrictions in favor of lender Bellwether Enterprise Mortgage Investments, LLC and extends the affordability period from 15 to 20 years, at no cost to the city.
…eviously approved on September 23, 2020 between the City of Dallas (“City”) and Villas at WH 20, LP and its affiliate Villas Development Corporation (collectively, “Owner/Develope…
May 2025
Amendment to a TIF development agreement for the Mariposa at Western Heights mixed-income apartment development, allowing the City to subordinate deed restrictions to a Fannie Mae permanent financing loan and accepting a limited recapture guaranty from the developer in exchange.
…mber 23, 2020 by Resolution No. 20-1480 between the City of Dallas (“City”) and Villas at WH 20, LP and its affiliate Villas Development Corporation (collectively, “Owner/Develope…
Amendment to a TIF development agreement for the Mariposa at Western Heights mixed-income apartment development, allowing the City to subordinate deed restrictions to a Fannie Mae permanent financing loan and accepting a limited recapture guaranty from the developer in exchange.
…mber 23, 2020 by Resolution No. 20-1480 between the City of Dallas (“City”) and Villas at WH 20, LP and its affiliate Villas Development Corporation (collectively, “Owner/Develope…