4242 and 4150 Independence Drive (File 26-2595A)
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A public hearing (1) to receive comments regarding an application by Titanium Housing Partners, LLC and/or its affiliate(s) (collectively referred to as Applicant), to the Texas Department of Housing and Community Affairs (TDHCA) for 2026 4% Non-Competitive Low Income Housing Tax Credits for The Pemberton at Independence, a 257-unit multifamily residential development to be located at 4242 and 4150 Independence Drive and 4154 Preferred Place, Dallas, Texas 75237 (Project); (2) pursuant to Section 394.9025 of the Texas Local Government Code regarding bonds to be issued by the City of Dallas Housing Finance Corporation to finance the Project; and, at the close of the public hearing, (3) authorize a Resolution of No Objection for the Applicant, related to its upcoming application to TDHCA for the development of the Project - Financing: This action has no cost consideration to the City (see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.
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Actions
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Obtain the signed No Objection resolution for Independence Drive housing project
Applies if: You represent a party affected by or relying on the project's state tax credit application or bond financing
Context: The 2026-09-23 City Council approval (File 26-2595A) authorized a resolution for Titanium Housing Partners, LLC and/or its affiliates covering 4242 and 4150 Independence Drive and 4154 Preferred Place, and the record does not show the resolution's final text.
Recommended: Pull the adopted Resolution of No Objection and the public hearing record, and check what exactly the resolution covers: the Applicant entity, the three addresses, and the bond financing language. Confirm whether the resolution is tied to the named applicant "and/or its affiliate(s)" so you know who can rely on it.
Confirm what the No Objection resolution does for the Pemberton apartments
Applies if: You are pursuing similar affordable housing financing or sites in the area
Context: The City Council approved only a public hearing and a Resolution of No Objection on 2026-09-23 for an upcoming TDHCA application, and the record verifies no implementation milestone.
Recommended: If you compete for or partner on 4% credit deals nearby, check whether the resolution is a local support step only and what state application stage comes next. Do not assume the City approval means the project is funded or that construction has a set start date.
Ask who is behind the 257-unit Independence Drive tax credit apartments
Context: The 2026-09-23 item names the applicant "and/or its affiliate(s)" without identifying them, and it combines a 257-unit 4% tax credit application with bonds issued by the City of Dallas Housing Finance Corporation while stating no cost to the City.
Recommended: Request the applicant's ownership disclosure and the Housing Finance Corporation bond documents to identify who stands behind Titanium Housing Partners, LLC and its unnamed affiliates. Also ask staff to explain the "no cost to the City" claim against the bond role of the City of Dallas Housing Finance Corporation.
Key Entities
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Timeline
A public hearing (1) to receive comments regarding an application by Titanium Housing Partners, LLC and/or its affiliate(s) (collectively referred to as Applicant), to the Texas Department of Housing and Community Affairs (TDHCA) for 2026 4% Non-Competitive Low Income Housing Tax Credits for The Pemberton at Independence, a 257-unit multifamily residential development to be located at 4242 and 4150 Independence Drive and 4154 Preferred Place, Dallas, Texas 75237 (Project); (2) pursuant to Section 394.9025 of the Texas Local Government Code regarding bonds to be issued by the City of Dallas Housing Finance Corporation to finance the Project; and, at the close of the public hearing, (3) authorize a Resolution of No Objection for the Applicant, related to its upcoming application to TDHCA for the development of the Project - Financing: This action has no cost consideration to the City (see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.