Community Development Block Grants Reprogramming (26-383A)

Context: The Committee on Finance's only agenda item with a disclosed dollar figure ties this CDBG reprogramming to $16,837,803 in foregone tax revenue for the 75-year Good Homes Dallas lease at 6950 North Stemmons Freeway.

Recommended: File a public records request for staff's written national-objective determination under federal CDBG rules before this reprogramming reaches a full Council vote — without documented proof that at least 51% of Good Homes Dallas residents qualify as low-to-moderate income, the city risks a federal finding requiring repayment of the entire grant.

Context: The corporation is trading $16,837,803 in foregone city tax revenue for a 75-year lease, a concession size that signals how much affordability the city will accept in exchange for PFC deals going forward.

Recommended: Request the Dallas Public Facility Corporation's draft term sheet for the Good Homes Dallas mixed-income project at 6950 North Stemmons Freeway while it remains in Draft status — the affordability floor and income-tier structure it accepts here will set the benchmark your next PFC-backed proposal gets measured against, and that leverage disappears once the lease executes.

Context: This reprogramming has now appeared on two Finance Committee agendas (January 26 and February 3) without a public accounting of the source activities being defunded.

Recommended: File a public records request for the amended Consolidated Plan Action Plan behind this CDBG reprogramming — federal rules require the amendment to name both the community programs losing funding and the receiving project, which will show what's being cut to help subsidize the Good Homes Dallas lease at 6950 North Stemmons Freeway.

Context: The item has appeared on the committee's agenda twice (January 26, February 3) as a briefing/memorandum in Draft status, with no vote scheduled.

Recommended: Schedule meetings with Finance Committee members now — the lease terms, affordability floor, and unit-mix ratio for Good Homes Dallas are still open for negotiation, and two consecutive briefing-only sessions with no vote taken show the committee hasn't locked its position yet.

Context: The only dollar figure disclosed so far — $16,837,803 in foregone city tax revenue over the lease term — has been made public, but the unit and income-tier breakdown has not.

Recommended: Contact your Council member now to ask for the total unit count, income-limit tiers, and affordability term for the Good Homes Dallas development at 6950 North Stemmons Freeway before the Finance Committee sends this reprogramming to a Council vote — once the 75-year lease is signed, these terms can't be changed without the developer's consent.