Committee on Finance · 1:00 PM · Council Chambers, City Hall
Analysis based on the published agenda — official vote outcomes not yet available.
Matters
All Budget items · Site-specific scope
Community Development Block Grants Reprogramming (26-383A)
Showing all 5 actions. Filter by: , , , , .
Verify federal grant national-objective citation before North Stemmons vote
Why now: The Committee on Finance's only agenda item with a disclosed dollar figure ties this CDBG reprogramming to $16,837,803 in foregone tax revenue for the 75-year Good Homes Dallas lease at 6950 North Stemmons Freeway.
What to do: File a public records request for staff's written national-objective determination under federal CDBG rules before this reprogramming reaches a full Council vote — without documented proof that at least 51% of Good Homes Dallas residents qualify as low-to-moderate income, the city risks a federal finding requiring repayment of the entire grant.
Act before: After records request response (typically 10 business days)
Request mixed-income lease term sheet for North Stemmons project
Why now: The corporation is trading $16,837,803 in foregone city tax revenue for a 75-year lease, a concession size that signals how much affordability the city will accept in exchange for PFC deals going forward.
What to do: Request the Dallas Public Facility Corporation's draft term sheet for the Good Homes Dallas mixed-income project at 6950 North Stemmons Freeway while it remains in Draft status — the affordability floor and income-tier structure it accepts here will set the benchmark your next PFC-backed proposal gets measured against, and that leverage disappears once the lease executes.
Act before: After lease terms are finalized/executed
Identify which programs lose funds in North Stemmons reprogramming
Why now: This reprogramming has now appeared on two Finance Committee agendas (January 26 and February 3) without a public accounting of the source activities being defunded.
What to do: File a public records request for the amended Consolidated Plan Action Plan behind this CDBG reprogramming — federal rules require the amendment to name both the community programs losing funding and the receiving project, which will show what's being cut to help subsidize the Good Homes Dallas lease at 6950 North Stemmons Freeway.
Act before: After records request response (typically 10 business days)
Lobby Finance Committee on North Stemmons lease before vote
Why now: The item has appeared on the committee's agenda twice (January 26, February 3) as a briefing/memorandum in Draft status, with no vote scheduled.
What to do: Schedule meetings with Finance Committee members now — the lease terms, affordability floor, and unit-mix ratio for Good Homes Dallas are still open for negotiation, and two consecutive briefing-only sessions with no vote taken show the committee hasn't locked its position yet.
Act before: After this item is placed on a vote agenda
Demand affordability terms before North Stemmons 75-year lease locks
Why now: The only dollar figure disclosed so far — $16,837,803 in foregone city tax revenue over the lease term — has been made public, but the unit and income-tier breakdown has not.
What to do: Contact your Council member now to ask for the total unit count, income-limit tiers, and affordability term for the Good Homes Dallas development at 6950 North Stemmons Freeway before the Finance Committee sends this reprogramming to a Council vote — once the 75-year lease is signed, these terms can't be changed without the developer's consent.
Act before: After next hearing on this item
American Rescue Plan Funds Monthly Status Report (26-387A)
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Audit Good Homes Stemmons lease covenants before Finance votes
Why now: The lease would forego $16,837,803 in general fund revenue and has appeared before Committee on Finance twice (2026-01-26, 2026-02-03) without a vote, per file 26-387A.
What to do: Request the draft 75-year Public Facility Corporation lease for the Good Homes Dallas project at 6950 North Stemmons Freeway and verify the affordability covenants and clawback provisions satisfy Texas Government Code Chapter 303 before Finance forwards a recommendation. Two briefing cycles without a vote means lease terms remain open for revision — that window closes without notice once the committee acts.
Act before: After Finance Committee forwards a recommendation on the lease
Pull Finance Committee memos on Good Homes Stemmons lease
Why now: File 26-387A has appeared before Committee on Finance twice (2026-01-26, 2026-02-03) as a briefing item with no vote scheduled.
What to do: Request the agenda memoranda from the January 26 and February 3, 2026 Committee on Finance briefings on the Good Homes Stemmons Public Facility Corporation lease to identify which deal terms have stalled advancement. Two consecutive briefings without a vote on a $16,837,803 revenue-foregone lease signals a specific structural objection — understanding it now shapes how you structure any similar Public Facility Corporation financing in Dallas.
Act before: After Finance Committee votes on the lease recommendation
Request American Rescue Plan records on Good Homes Stemmons financing
Why now: File 26-387A is titled 'American Rescue Plan Funds Monthly Status Report,' yet the sole disclosed financial figure across both the 2026-01-26 and 2026-02-03 briefings belongs to the Good Homes Stemmons lease item.
What to do: File a public records request for Dallas's American Rescue Plan fund disbursement records and search for Good Homes Communities, LLC and 6950 North Stemmons Freeway. The matter's title ties ARP funds to this project, but the only disclosed dollar figure in the record — $16,837,803 in foregone tax revenue — belongs to the separate Public Facility Corporation lease, and no document explains whether the two funding streams connect.
Act before: After records request response (typically 10 business days)
Engage Finance Committee before Good Homes Stemmons lease advances
Why now: The $16,837,803 lease has appeared before Committee on Finance twice (2026-01-26, 2026-02-03) without a vote, per file 26-387A.
What to do: Identify the Committee on Finance chair and members and request meetings now — the committee controls whether the Good Homes Stemmons lease moves to a full Council vote, and two consecutive briefings without a vote means members are still deliberating and reachable. That access closes once they forward a recommendation.
Act before: After Finance Committee forwards a recommendation on the lease
Housing Finance Tax Reporting and Impacts (26-382A)
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Verify public notice before Stemmons Freeway housing lease closes
Why now: Two consecutive Finance Committee appearances (Jan 26, Feb 3) on the $16,837,803 foregone-revenue lease are both logged as briefing items, not hearings.
What to do: Confirm Dallas Public Facility Corporation satisfied Texas statutory public notice requirements before the 75-year lease with Good Homes Communities, LLC is executed. Both Finance Committee appearances are recorded as briefings in Draft status, not public hearings, so any notice defect becomes unchallengeable once the lease is signed.
Act before: After lease execution
Pull North Stemmons housing lease briefings before terms set
Why now: The same 75-year, $16,837,803 foregone-revenue lease has now had two consecutive briefings, signaling staff is building a template rather than a one-off deal.
What to do: Request the Jan 26 and Feb 3 Finance Committee briefing packets on the Good Homes Dallas PFC lease now — the income-targeting thresholds and equity structure being finalized here will likely become the reference deal staff cite when scoring your own Dallas Public Facility Corporation mixed-income application.
Act before: After lease terms are finalized
File records request on hidden Stemmons Freeway tax lease
Why now: The matter title 'Housing Finance Tax Reporting and Impacts' names neither Good Homes Communities, LLC nor 6950 North Stemmons Freeway across two consecutive Finance Committee briefings.
What to do: File a Texas Public Information Act request for the financial model behind the $16,837,803 foregone-revenue estimate, then check whether other Dallas Public Facility Corporation deals are similarly filed under generic 'tax reporting' titles rather than the developer's name.
Act before: After records request response (typically 10 business days)
Target Finance Committee before third North Stemmons lease hearing
Why now: The item has appeared twice as a Draft-status briefing without advancing to a vote, indicating terms are still open to committee input.
What to do: Pull the Jan 26 and Feb 3 briefing records to identify which Finance Committee members pressed on the $16,837,803 foregone-revenue figure or the 75-year lease term, then engage them directly — once this advances past a third briefing into an action item, the window to renegotiate terms or add affordability conditions closes.
Act before: After item advances past briefing stage
Monthly Budget Accountability Report (26-385A)
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Audit Good Homes Dallas lease timing before committee votes
Context: Two Committee on Finance appearances on Jan 26 and Feb 3, 2026 — eight days apart — on a 75-year, $16,837,803 revenue-commitment lease, both held in Draft status with no vote taken.
Recommended: Pull the Dallas Public Facility Corporation board resolution and compare its execution date against the Committee on Finance's two-briefing-without-vote pattern — if the corporation board closed the lease before committee ratification, a challenge under Texas Local Government Code Chapter 303 remains viable while the item stays in Draft status.
Benchmark your Public Facility Corporation lease against North Stemmons deal
Context: The $16,837,803 figure appeared identically in both the Jan 26 and Feb 3, 2026 Committee on Finance briefings, confirming staff did not negotiate it down across two consecutive reviews.
Recommended: If you are structuring a 75-year ground lease through the Dallas Public Facility Corporation for a mixed-income project, the $16,837,803 foregone-revenue figure from Good Homes Communities at 6950 North Stemmons Freeway — reviewed by finance staff across two appearances without reduction — gives you a staff-validated ceiling for your own revenue-loss projections before your Committee on Finance appearance.
Request Public Facility Corporation records on 75-year North Stemmons lease
Context: The Committee on Finance held two appearances on Jan 26 and Feb 3, 2026, both in Draft status with no vote, on a lease representing $16,837,803 in foregone general fund revenue.
Recommended: File an open-records request for the Dallas Public Facility Corporation board resolution, meeting minutes, and any executed lease documents for Good Homes Communities at 6950 North Stemmons Freeway — two finance committee briefings in eight days with no vote on a 75-year, $16.8 million commitment raises the question of whether the corporation board has already acted outside of council oversight.
Press finance committee chair to vote on North Stemmons lease
Context: The Feb 3, 2026 Committee on Finance hearing was the second briefing in eight days (from Jan 26) with no vote taken and no stated reason for the delay in the record.
Recommended: Contact the Committee on Finance chair to request the Good Homes Dallas lease be scheduled for an up-or-down vote — two consecutive Draft-status briefings without a committee recommendation signals hesitation that, left unaddressed, defaults to a third briefing and indefinitely defers the $16,837,803 revenue commitment.
Community Development Block Grant Spending Report (26-388A)
Showing all 5 actions. Filter by: , , , , .
Verify Public Facility Corporation authority for Stemmons apartment lease
Why now: The lease would forgo $16,837,803 in general fund revenue and has cleared two Committee on Finance briefings (Jan 26, Feb 3) without a Chapter 303 disclosure on record.
What to do: Pull the Public Facility Corporation's authorizing resolution for the 75-year Good Homes Dallas lease and confirm Texas Local Government Code Chapter 303 disclosure is complete — after two Finance Committee briefings with no disclosure on record, any formal action on the lease could be voidable once challenged.
Act before: After this item advances out of Committee on Finance draft status
Request term sheet for North Stemmons apartment lease deal
Why now: The Feb 3 Committee on Finance agenda disclosed the lease would forgo $16,837,803 in general fund revenue, the only dollar figure on a 15-item briefing agenda.
What to do: Request the financial analysis and term sheet for the Good Homes Dallas 75-year Public Facility Corporation lease before this draft item advances past its second Finance Committee briefing — the structure eliminates an estimated $16.8 million in property tax liability, so reviewing the qualifying criteria now tells you whether your own mixed-income project can use the same vehicle.
Act before: After Finance Committee votes on the North Stemmons lease
Ask if Stemmons apartments also get block grant funds
Why now: The matter is titled a Community Development Block Grant spending report, yet the only disclosed dollar figure on its agenda belongs to a separate $16,837,803 property-tax exemption for a project at the same address.
What to do: File a public records request for the Community Development Block Grant spending report tied to this matter and ask specifically whether Good Homes Dallas at 6950 North Stemmons Freeway appears as a beneficiary — if federal block grant dollars and the 75-year Public Facility Corporation tax exemption are layered on the same project, that dual-subsidy structure has gone unexplained across two draft briefings with zero public comment.
Act before: After records request response (typically 10 business days)
Meet Finance Committee before Stemmons apartment lease vote
Why now: Two Committee on Finance briefings have passed with the $16,837,803 lease still in Draft status and no recorded vote.
What to do: Identify which Committee on Finance members represent districts near 6950 North Stemmons Freeway and schedule meetings now — the item has appeared twice (Jan 26, Feb 3) without a formal vote, meaning members are informed but not yet committed, which is your best window before staff brings a recommendation.
Act before: After Finance Committee votes on the North Stemmons lease
Ask council member about hearing for Stemmons apartments
Why now: The Feb 3 Committee on Finance agenda shows the lease still in Draft status after two briefings, with no public comment period recorded.
What to do: Contact your district council member and ask whether the Good Homes Dallas mixed-income apartments at 6950 North Stemmons Freeway will get a public comment period before the 75-year lease is finalized — the city would forgo an estimated $16.8 million in property taxes, and neither of the two recorded Finance Committee briefings has opened public comment.
Act before: After the 75-year lease is finalized
Analysis
Financial Highlights
Governance & Oversight
Housing
Insights by Role
Journalist
HighHigh significance — major decision, large financial impact, or broad community effectThe Good Homes Dallas PFC authorization (File 26-506A) was deferred from November 12, 2025 and returned to the Finance Committee with a $16.8M revenue-foregone figure attached — the reasons for the prior deferral and any changes to deal terms since November are the central questions. The City Auditor search (File 26-379A) and proposed WIC audit engagement (File 26-380A) each raise questions about audit independence and prioritization that warrant follow-up before any Council action.
Lobbyist
HighHigh significance — major decision, large financial impact, or broad community effectThe Good Homes Dallas PFC authorization (File 26-506A) is at the Finance Committee briefing stage following a November 2025 deferral — the committee's potential recommendation to City Council is an active engagement window for stakeholders with positions on PFC deal structures, affordable housing production targets, or general fund revenue-foregone thresholds. The City Auditor search (File 26-379A) and proposed WIC audit engagement (File 26-380A) are each at early deliberation stages where stakeholder input could shape outcomes before Council action.
Developer
MediumMedium significance — notable action worth trackingThe Good Homes Dallas briefing (File 26-506A) illustrates the current Dallas PFC lease model for mixed-income multifamily projects — a 75-year ground lease with Good Homes Communities, LLC at 6950 North Stemmons Freeway. If this authorization is upheld, it sets a reference point for PFC lease term length and the revenue-foregone scale the city accepts. The city property sale process briefing (File 26-381A) may clarify procedures for acquiring surplus city-owned land.
16 items(10 procedural hidden)
(e.g., Hearing Closed, Corrected, Referred)
AI-generated summaries. Click to expand for original text.
The Committee may vote to make recommendations to City Council regarding any of the following items on this agenda
#ABriefing recognizing the City of Dallas City Controller's Office for receiving the Government Finance Officers Association's Certificate of Achievement for Excellence in Financial Reporting.
#BBriefing on the search process for a new City Auditor and the establishment of a Nominating Commission as required by Dallas City Code § 2-17.2.
#CDiscussion and proposed recommendation to City Council to amend the previously approved FY2026 Audit Work Plan to include a Cost Benefit Analysis audit engagement for the Women, Infant, and Children (WIC) Program.
#DAuthorizes the Dallas Public Facility Corporation to acquire, develop, and own Good Homes Dallas, a mixed-income multifamily development at 6950 North Stemmons Freeway, and enter into a 75-year lease with Good Homes Communities, LLC, with an estimated $16.8M in foregone general fund revenue in alignment with Dallas Housing Policy 2023.
#EBriefing on the city's process for selling city-owned property, presented by the Director of Facilities and Real Estate.
#FFinancial reporting update on the Housing Finance Corporation and Public Facility Corporation, including associated tax impacts as of December 31, 2025.
#GBriefing on the reprogramming and extension of Community Development Block Grant funds to ensure timely expenditure, as of September 30, 2025.
#HMonthly audit briefing from the City Auditor covering internal audit reports released December 1, 2025 through January 16, 2026, focusing on an audit of purchasing card usage dated December 30, 2025.
#IMonthly budget accountability report summarizing financial activity as of November 30, 2025 for the General Fund and other city annual operating funds.
#JMonthly financial status report for American Rescue Plan Act Coronavirus State and Local Fiscal Recovery Funds, covering the period ending December 31, 2025.
#KA briefing memorandum reporting on Community Development Block Grant spending activity for the period ending December 31, 2025.
#LMonthly accountability briefing from Information & Technology Services reporting on technology performance and status as of December 31, 2025.
#MA briefing memorandum providing a monthly accountability report on city procurement activity as of December 31, 2025.
#NA briefing memorandum outlining the development process for the City's biennial budget covering fiscal years 2026-27 and 2027-28.
#OStaff responses to questions raised by the Committee on Finance during its December 9, 2025 meeting concerning Hotel Occupancy Tax revenues, penalties, interest, and collections.
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