Municue

Homebuyer Program Bond Authority (25-2953A)

View full legal title

A resolution to authorize (1) the Dallas Housing Finance Corporation (DHFC or Corporation) to delegate to the Texas Department of Housing and Community Affairs (TDHCA) its authority to issue Qualified Mortgage Revenue Bonds (Bonds) to be administered by the TDHCA through the Texas Homebuyer Program in an amount not to exceed $61,000,000.00; and (2) an assignment agreement between the DHFC and the TDHCA for the assignment of the Bonds - Financing: No cost consideration to the City *In alignment with Dallas Housing Policy 2033.

Housing Programsite_specificCity Council
Dallas authorizes the Texas Department of Housing and Community Affairs to issue and administer Mortgage Revenue Bonds for the Texas Homebuyer Program. These bonds fund mortgages for homebuyers across the state.
1 eventFirst seen Nov 12, 2025Last activity Nov 12, 2025File #: 25-2953A
City Council: ApprovedNov 12, 2025
Topics
housing
bond
policy
governance

Get notified on new hearings, votes, or status changes for this matter.

Actions

Showing all 3 actions. Filter by: , , .

Developer
As of Nov 2025

File state tax credit applications for four approved Dallas affordable housing projects

Context: City Council granted all four Resolutions of No Objection on November 12, 2025, covering 823 total units across Dallas.

Recommended: If you are developing Torrington Forest, Tabor Village, Westmoreland Townhomes, or Waters at Waterchase, the Dallas City Council's Resolutions of No Objection clear the path to submit your 4% low-income housing tax credit applications to the Texas Department of Housing and Community Affairs — file now before the next competitive application cycle opens.

Source: City Council — Nov 12, 2025 →
Journalist
As of Nov 2025

Request grant agreement records for the $23.5 million Rivulet economic development deal

Context: Council approved the $23.5M Rivulet economic development grant individually on November 12, 2025 rather than as part of the consent package, one of six items pulled that session.

Recommended: File a public records request for the full Rivulet grant agreement including performance benchmarks, job creation obligations, and clawback terms — the item was pulled from the routine consent agenda for an individual vote, signaling it drew scrutiny before passage.

Source: City Council — Nov 12, 2025 →
Resident
As of Nov 2025

Watch for building permits near four new affordable housing sites across Dallas neighborhoods

Context: Dallas City Council approved Resolutions of No Objection for all four projects on November 12, 2025, unlocking their path to low-income housing tax credit financing.

Recommended: If you live near Torrington Forest, Tabor Village, Westmoreland Townhomes, or Waters at Waterchase, these projects are now cleared to pursue state financing and will likely file building permits as 823 units move toward construction — check Dallas permit records to track start dates.

Source: City Council — Nov 12, 2025 →

Timeline

Vote
Approved

A resolution to authorize (1) the Dallas Housing Finance Corporation (DHFC or Corporation) to delegate to the Texas Department of Housing and Community Affairs (TDHCA) its authority to issue Qualified Mortgage Revenue Bonds (Bonds) to be administered by the TDHCA through the Texas Homebuyer Program in an amount not to exceed $61,000,000.00; and (2) an assignment agreement between the DHFC and the TDHCA for the assignment of the Bonds - Financing: No cost consideration to the City *In alignment with Dallas Housing Policy 2033.