Community Development Block Grant Spending Report (26-388A)
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Community Development Block Grant Spending Report for the period ending December 31, 2025 [Budget & Management Services]
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Verify Public Facility Corporation authorization before North Stemmons vote
Why now: After two Committee on Finance briefings on January 26 and February 3, 2026, the item remains in Draft status with no recorded vote, suggesting authorization prerequisites may still be outstanding.
What to do: Pull Texas Local Government Code Chapter 303 and confirm whether the Dallas Public Facility Corporation has completed required public disclosure and City Council authorization for this 75-year lease — if those steps are incomplete, a procedural defect window exists that closes the moment this Draft item clears committee.
Act before: After item clears committee Draft status
Model your own Public Facility Corporation deal from North Stemmons lease terms
Why now: Two Finance Committee briefings have passed without a vote, so the lease terms are not yet final and the committee's questions remain accessible in the public record.
What to do: Request the term sheet and financial analysis underlying the Good Homes Dallas 75-year lease at 6950 North Stemmons before this item advances from committee — the structure eliminates an estimated $16.8 million in property tax liability, and reviewing the qualifying criteria now lets you assess whether your own mixed-income project can use the same vehicle.
Act before: After lease terms are finalized at committee vote
Probe whether Good Homes is stacking federal and local subsidies at North Stemmons
Why now: The matter title ties a CDBG spending report to the same Finance Committee agenda where the $16.8 million Public Facility Corporation lease appeared on January 26 and February 3, 2026, and neither session included a public comment period.
What to do: File a public records request for the CDBG spending report that anchors this Finance Committee matter and ask specifically whether Good Homes Dallas at 6950 North Stemmons appears as a beneficiary — if federal CDBG dollars and the 75-year Public Facility Corporation tax exemption are layered on the same project, that dual-subsidy arrangement triggers separate HUD disclosure requirements and has received zero public comment across two committee briefings.
Act before: After public records request response (typically 10 business days)
Schedule Finance Committee meetings before North Stemmons lease goes to a vote
Why now: Both the January 26 and February 3, 2026 committee appearances were recorded as Draft briefing items with no action taken, leaving the formal decision window open.
What to do: Identify which Committee on Finance members represent districts near 6950 North Stemmons Freeway and schedule meetings now — two briefings have passed without a vote, so decision-makers are still forming positions and your clients retain maximum leverage before staff brings a formal recommendation.
Act before: After committee votes on the lease
Ask your council member if North Stemmons development gets a public hearing
Why now: Both Committee on Finance appearances on January 26 and February 3, 2026 were classified as Draft briefing items with no public hearing scheduled in the record.
What to do: Contact your district council member and ask directly whether the proposed Good Homes Dallas apartment development at 6950 North Stemmons Freeway will include a public comment period before the 75-year lease is finalized — the city would forgo an estimated $16.8 million in property taxes, and neither of the two recorded committee briefings opened public comment.
Act before: After a public hearing is scheduled or the lease is approved
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Timeline
Community Development Block Grant Spending Report for the period ending December 31, 2025 [Budget & Management Services]
Community Development Block Grant Spending Report for the period ending December 31, 2025 [Budget & Management Services]