3457 Normandy Brook Road (File 26-2588A)
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Trinity West Villas, a 36-unit mixed-income multifamily development to be located at 3457 Normandy Brook Road, Dallas, Texas 75212, and Trinity West Lofts, a 100-unit mixed-income multifamily development to be located at 3155 Normandy Brook Road, Dallas, Texas 75212 (together, the Project); and (2) enter into a 75-year lease agreement with Builders of Hope CDC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund $1,488,374.60 to the City (for 60 years; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.
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Actions
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Obtain executed lease for Trinity West housing development
Context: Item 26-2588A authorized a 75-year lease with 'Builders of Hope CDC or its affiliate' for both the 3457 and 3155 Normandy Brook Road sites, and no implementation milestone is verified in the record.
Recommended: Obtain the executed 75-year lease between the Dallas Public Facility Corporation and Builders of Hope CDC and check whether the 'or its affiliate' language lets the lease be assigned to another entity. Also check what affordability and mixed-income obligations bind the lessee, since the supplied record states none.
Request fiscal analysis behind affordable housing tax foregone figure
Context: The council item on 2026-09-09 approved a 75-year lease with Builders of Hope CDC but cites foregone revenue of $1,488,374.60 'for 60 years', and covers two sites (36 and 100 units).
Recommended: Request the fiscal information sheet and lease terms showing how the $1,488,374.60 in foregone General Fund revenue was calculated for the Normandy Brook Road housing project. Ask why the estimate covers 60 years while the lease runs 75 years, since the public record does not explain the gap.
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Trust Proof
What we said then vs what happened next
We said (Sep 8, 2026):
Request Normandy Brook apartment construction plans
What happened (Sep 9, 2026):
Approved As An Individual Item
We said (Sep 8, 2026):
Investigate Normandy Brook apartment tax-cost mismatch
What happened (Sep 9, 2026):
Approved As An Individual Item
We said (Sep 8, 2026):
Obtain Normandy Brook apartment authorization documents
What happened (Sep 9, 2026):
Approved As An Individual Item
We said (Sep 8, 2026):
Review Normandy Brook mixed-income apartment lease economics
What happened (Sep 9, 2026):
Approved As An Individual Item
Timeline
Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Trinity West Villas, a 36-unit mixed-income multifamily development to be located at 3457 Normandy Brook Road, Dallas, Texas 75212, and Trinity West Lofts, a 100-unit mixed-income multifamily development to be located at 3155 Normandy Brook Road, Dallas, Texas 75212 (together, the Project); and (2) enter into a 75-year lease agreement with Builders of Hope CDC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund $1,488,374.60 to the City (for 60 years; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.