400 North St. Paul Street (File 26-2600A)
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Authorize acquisition by the Dallas Housing Finance Corporation of The Hartford, an existing historic office building located at 400 North St. Paul Street, Dallas, Texas 75201 for development of affordable housing - Estimated Revenue Foregone: General Fund $584,861.00 (Estimated taxes to the City over 15-year period; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.
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Examine North St. Paul affordable housing subsidy
Why now: On September 9, 2026, the City Council item for File 26-2600A estimated $584,861 in General Fund tax revenue foregone over 15 years, while the supplied record does not state unit count or affordability terms.
What to do: Request the City Council authorization backup, Fiscal Information, and acquisition materials to determine how the projected tax revenue loss was calculated and what affordable-housing commitments support it. This matters before later records frame the acquisition as settled without disclosing the project scale or affordability terms.
Act before: After the requested records are produced
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Authorize acquisition by the Dallas Housing Finance Corporation of The Hartford, an existing historic office building located at 400 North St. Paul Street, Dallas, Texas 75201 for development of affordable housing - Estimated Revenue Foregone: General Fund $584,861.00 (Estimated taxes to the City over 15-year period; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.