Oak & Ellum
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Oak & Ellum Affordable Housing Acquisition (25-923A)
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March 2025
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
Briefing on an upcoming City Council item to authorize the Dallas Housing Finance Corporation to acquire Oak & Ellum, a market-rate multifamily development at 2627 Live Oak Street, for conversion to affordable housing.
Upcoming City Council Agenda Item on March 26, 2025: Authorize acquisition by the Dallas Housing Finance Corporation (DHFC) of Oak & Ellum, an existing market-rate multifamily development located at 2