Good Homes Dallas Mixed-Income Housing (26-127A)
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Good Homes Dallas, a mixed-income, multifamily development to be located at 6950 North Stemmons Freeway, Dallas Texas 75247 (Project); and (2) enter into a seventy-five-year lease agreement with Good Homes Communities, LLC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund: $16,837,803.00 (see Fiscal Information) (This item was deferred on November 12, 2025) *In alignment with Dallas Housing Policy 2033.
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Determine remand scope for North Stemmons mixed-income housing authorization
Context: Item 26-127A was remanded on January 28, 2026, and has not been rescheduled in nearly four months — the extended gap makes a structural deficiency under Chapter 303 increasingly likely, not a simple documentary fix.
Recommended: Review the January 28 remand record to determine whether the deficiency is documentary — such as a missing affordability certification — or structural, requiring a new Public Facility Corporation board resolution under Texas Local Government Code Chapter 303, because that distinction controls whether your client can return to council in weeks or must restart the authorization process entirely.
Assess financing risk for stalled North Stemmons mixed-income housing deal
Context: Item 26-127A was remanded by Dallas City Council on January 28, 2026, with no return hearing scheduled as of May 20, 2026 — nearly four months of inactivity that puts lender commitments and application windows at risk.
Recommended: Request the staff report and written remand conditions for item 26-127A before making further changes to your financing structure — with nearly four months elapsed since the January 28 remand and no return hearing scheduled, any competitive tax credit application tied to an annual TDHCA cycle may be filed without confirmed council authorization.
Investigate four-month stall on North Stemmons mixed-income housing deal
Context: Item 26-127A was remanded by Dallas City Council on January 28, 2026, with no return hearing scheduled as of May 20, 2026, and no public explanation for the delay has been offered.
Recommended: File an open records request for the staff report, draft development agreement, and written remand conditions for item 26-127A, then compare the principals of Good Homes Dallas against other active Public Facility Corporation deals in Dallas to check for overlapping ownership or repeated remand patterns — four months without rescheduling is itself an anomaly requiring a public explanation.
Contact council offices before North Stemmons housing deal is rescheduled
Context: Item 26-127A was remanded by Dallas City Council on January 28, 2026, with no return hearing scheduled as of May 20, 2026 — an extended delay that points to an unresolved political obstacle, not a routine administrative correction.
Recommended: Identify which council member(s) raised concerns on January 28 and schedule meetings with their offices before staff resubmits the item — after four months without rescheduling, any unresolved political objection is solidifying and the window to shape terms before the item returns is narrowing.
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Good Homes Dallas, a mixed-income, multifamily development to be located at 6950 North Stemmons Freeway, Dallas Texas 75247 (Project); and (2) enter into a seventy-five-year lease agreement with Good Homes Communities, LLC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund: $16,837,803.00 (see Fiscal Information) (This item was deferred on November 12, 2025) *In alignment with Dallas Housing Policy 2033.