Multifamily Housing Revenue Bonds (25-2969A)
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Authorize (1) the approval of the City Council of the City of Dallas, to act as the applicable elected representative, as defined by Section 147(f)(2)(E) of the Internal Revenue Code of 1986, as amended (Code), of the issuance of multifamily residential mortgage revenue bonds (Bonds) issued by the City of Dallas Housing Finance Corporation (DHFC or Issuer) in one or more series of tax-exempt bonds in an amount not to exceed $38,000,000.00; proceeds of the Bonds will be loaned to Tabor Village Limited Partnership and/or its affiliate(s) (collectively referred to as Borrower) to finance a portion of the cost of developing a new construction affordable multifamily complex to be known as Tabor Village, located at 6200 Baraboo Drive, Dallas, Texas 75241 (Development); and (2) the approval of the application of the Texas Housing Finance Corporations Act, Chapter 394, Local Government Code (Act), to the property on which the Development will be constructed and the use of proceeds of the Bonds issued by the DHFC pursuant to the Act to finance and construct the Development; a public hearing with respect to the Bonds and the Development was held on October 17, 2025 after reasonable public notice was published in a newspaper of general circulation in the City of Dallas all in compliance with Section 147(f) of the Code - Financing: No cost consideration to the City *In alignment with Dallas Housing Policy 2033.
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Verify Dallas approval language meets Texas housing agency filing requirements
Context: Dallas City Council issued Resolutions of No Objection for Torrington Forest, Tabor Village, Westmoreland Townhomes, and Waters at Waterchase on November 12, 2025; state agency application cycles leave little room to cure defective local authorization language.
Recommended: If you represent one of the four approved affordable housing projects, confirm that the city's Resolution of No Objection document language precisely satisfies the Texas Department of Housing and Community Affairs requirements for 4% low-income housing tax credit applications before submitting to the state — any mismatch in required language can invalidate the application.
File low-income housing tax credit application using Dallas approval
Context: Dallas City Council issued Resolutions of No Objection for all four projects covering 823 units on November 12, 2025, clearing the city-level prerequisite for state tax credit applications.
Recommended: If you are a developer on one of the four approved Dallas projects — Torrington Forest, Tabor Village, Westmoreland Townhomes, or Waters at Waterchase — submit your 4% low-income housing tax credit application to the Texas Department of Housing and Community Affairs now that the city-level Resolution of No Objection is secured.
Request records on the $23.5M Rivulet economic development grant pulled from consent
Context: The $23.5M Rivulet grant led the six items pulled from the November 12, 2025 Dallas City Council consent agenda for individual votes, a procedural flag that typically reflects member concern or constituent pressure.
Recommended: File a public records request for the full grant agreement, underwriting analysis, and council communications related to the Rivulet economic development grant — it was the single largest item separated from the consent agenda and voted on individually, which signals council scrutiny worth examining.
Check eligibility for Dallas home repair funds through new improvement program
Context: The council approved $13.1M for the Home Improvement and Preservation Program as part of $180.9M in housing bond authorizations on November 12, 2025, authorizing the city to begin disbursing home repair and preservation assistance to eligible residents.
Recommended: Dallas homeowners — particularly low-to-moderate income households — should watch the city's housing department for application openings through the Home Improvement and Preservation Program, which the City Council funded with $13.1M on November 12, 2025.
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Authorize (1) the approval of the City Council of the City of Dallas, to act as the applicable elected representative, as defined by Section 147(f)(2)(E) of the Internal Revenue Code of 1986, as amended (Code), of the issuance of multifamily residential mortgage revenue bonds (Bonds) issued by the City of Dallas Housing Finance Corporation (DHFC or Issuer) in one or more series of tax-exempt bonds in an amount not to exceed $38,000,000.00; proceeds of the Bonds will be loaned to Tabor Village Limited Partnership and/or its affiliate(s) (collectively referred to as Borrower) to finance a portion of the cost of developing a new construction affordable multifamily complex to be known as Tabor Village, located at 6200 Baraboo Drive, Dallas, Texas 75241 (Development); and (2) the approval of the application of the Texas Housing Finance Corporations Act, Chapter 394, Local Government Code (Act), to the property on which the Development will be constructed and the use of proceeds of the Bonds issued by the DHFC pursuant to the Act to finance and construct the Development; a public hearing with respect to the Bonds and the Development was held on October 17, 2025 after reasonable public notice was published in a newspaper of general circulation in the City of Dallas all in compliance with Section 147(f) of the Code - Financing: No cost consideration to the City *In alignment with Dallas Housing Policy 2033.