Housing Finance Tax Reporting and Impacts (26-382A)
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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]
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Verify public notice before North Stemmons housing lease executes
Why now: Both Finance Committee appearances on 2026-01-26 and 2026-02-03 were Draft-status briefing items with no public hearing scheduled, and the matter's next procedural step is currently unknown.
What to do: Confirm that Dallas Public Facility Corporation has satisfied Texas statutory public notice requirements before signing the 75-year lease with Good Homes Communities, LLC — the two Finance Committee briefings recorded in Draft status are not a substitute for a public hearing, and any defect in the $16,837,803 foregone-revenue disclosure cannot be challenged after the lease is executed.
Act before: After Dallas Public Facility Corporation executes the 75-year lease
Pull Good Homes Dallas briefing materials before North Stemmons lease locks
Why now: Two Finance Committee hearings (2026-01-26 and 2026-02-03) were held in Draft status with no adoption vote recorded, indicating the lease terms remain in flux and the template is not yet locked.
What to do: Request the Finance Committee briefing packets from the two January–February hearings on the Good Homes Dallas deal before the lease finalizes — the affordability covenant structure, income-targeting thresholds, and equity model being accepted here will function as the de facto template Finance Committee applies when evaluating future Dallas Public Facility Corporation mixed-income applications.
Act before: After lease execution at 6950 North Stemmons
File records request on buried North Stemmons 75-year housing lease
Why now: Both the 2026-01-26 and 2026-02-03 Finance Committee agendas listed this item under 'Housing Finance Tax Reporting and Impacts' in Draft status, with the developer name and site address absent from the matter title.
What to do: File a Texas Public Information Act request for the financial model behind the $16,837,803 foregone-revenue figure and search whether other Dallas Public Facility Corporation deals have been routed through 'Housing Finance Tax Reporting' agenda items — the matter title names neither Good Homes Communities, LLC nor 6950 North Stemmons, concealing a specific 75-year development lease inside a generic policy briefing across two consecutive Finance Committee hearings.
Act before: After records request response (typically 10 business days)
Identify Finance Committee skeptics before third North Stemmons hearing
Why now: The matter has appeared twice before the Finance Committee (2026-01-26 and 2026-02-03) in Draft status with no vote taken and no next hearing scheduled, leaving the decision timeline and committee position uncertain.
What to do: Pull the briefing records from both Finance Committee appearances and identify which members questioned the $16.8 million foregone-revenue figure or the 75-year lease term, then engage those members directly before a third hearing — once the item advances past briefing stage, the window to attach new affordability conditions or renegotiate lease terms closes.
Act before: After next Finance Committee hearing on this item
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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]