Housing Finance Corporation Financial Report (26-382A)
View full legal title
Financial Reporting Relating to the Housing Finance Corporation and the Public Facility Corporation, and Tax Impacts as of December 31, 2025 [Aaron Eaquinto, General Manager, Dallas Housing Finance Corporation]
Get notified on new hearings, votes, or status changes for this matter.
Actions
Showing all 3 actions. Filter by: , , .
Verify Housing Finance Corporation public reporting obligations on North Stemmons lease
Context: The matter is titled 'Financial Reporting Relating to the Housing Finance Corporation and the Public,' directly flagging an open compliance question under the Texas Housing Finance Corporation Act, with $16,837,803 in foregone revenue and a 75-year lease term currently undisclosed to the public.
Recommended: Texas law imposes specific public notice and reporting duties on city housing finance corporations — confirm whether those requirements have been satisfied for the Good Homes Dallas development at 6950 North Stemmons Freeway, given that two Committee briefings have occurred in draft status without a public-facing financial disclosure on the 75-year lease.
Review Public Facility Corporation lease at North Stemmons before Council vote
Applies if: You are pursuing a Public Facility Corporation partnership or mixed-income housing deal in Dallas
Context: The Committee on Finance received the same deal structure in briefing on both January 26 and February 3, 2026, confirming the city has modeled the full financial terms, with $16,837,803 in foregone revenue disclosed as the estimated tax impact.
Recommended: If you are pursuing mixed-income housing development in Dallas, the proposed 75-year lease between the Dallas Public Facility Corporation and Good Homes Communities, LLC at 6950 North Stemmons Freeway is a live precedent for structuring a tax-exempt deal — pull the Committee briefing materials now while the financial model is still being finalized and before the structure is locked at Council.
Request North Stemmons housing tax records before Council vote
Context: The January 2026 briefing disclosed $16,837,803 in foregone general fund revenue under a proposed 75-year lease between the Dallas Public Facility Corporation and Good Homes Communities, LLC at 6950 North Stemmons Freeway — an unusually long term that has moved through two draft briefings without a public-facing financial disclosure.
Recommended: The Committee on Finance briefed this matter twice — January 26 and February 3, 2026 — without taking action, leaving the city's cost-benefit analysis and full lease terms unpublished. File a Texas Public Information Act request for the financial model behind the $16.8 million foregone-revenue figure before the matter advances from Committee to a full Council vote.
Key Entities
View relationship map
Loading relationship map…
Timeline
Financial Reporting Relating to the Housing Finance Corporation and the Public Facility Corporation, and Tax Impacts as of December 31, 2025 [Aaron Eaquinto, General Manager, Dallas Housing Finance Corporation]
Financial Reporting Relating to the Housing Finance Corporation and the Public Facility Corporation, and Tax Impacts as of December 31, 2025 [Aaron Eaquinto, General Manager, Dallas Housing Finance Corporation]