Community Development Block Grant Report (26-388A)

Context: After two Committee on Finance briefings (January 26 and February 3, 2026), the lease remains in Draft status, leaving the pre-adoption compliance window open.

Recommended: Review the state law basis for the Dallas Public Facility Corporation entering a 75-year lease with a private developer at 6950 North Stemmons Freeway — this structure creates $16,837,803 in foregone general fund revenue and may require specific city charter disclosure or state authorization before advancing past Draft status.

Context: The lease with Good Homes Communities, LLC has appeared on the Committee on Finance agenda twice (January 26 and February 3, 2026) and remains in Draft status.

Recommended: If you are developing or financing mixed-income housing in Dallas, the Public Facility Corporation lease structure being considered for Good Homes Dallas at 6950 North Stemmons Freeway — which eliminates an estimated $16.8 million in general fund tax liability — is a financing model worth examining before it is finalized.

Context: The Community Development Block Grant spending report appeared at both the January 26 and February 3, 2026 Committee on Finance hearings as a Draft-status briefing item, with the $16,837,803 revenue-foregone figure tied to the Good Homes Dallas lease — two hearings with no visible advancement.

Recommended: File a public records request for the 75-year lease between the Dallas Public Facility Corporation and Good Homes Communities, LLC at 6950 North Stemmons Freeway, and ask why $16,837,803 in city general fund revenue is being foregone for this mixed-income development without a public hearing on record.

Context: Both Committee on Finance appearances (January 26 and February 3, 2026) were Draft-status briefings with no public hearing on record; the next procedural step is currently unknown.

Recommended: If you live near 6950 North Stemmons Freeway, reach out to your district council member now — the Committee on Finance has been briefed twice on a proposed 75-year lease for a new mixed-income apartment development there, and no public comment period has been recorded in the matter data.