Technology Accountability Report (26-389A)
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Monthly Technology Accountability Report - Information as of December 31, 2025 [Information & Technology Services]
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Audit termination triggers in 75-year North Stemmons facility corporation lease
Applies if: You represent mixed-income housing developers, lenders, or investors active in Dallas Public Facility Corporation deals
Why now: The matter appeared before the Committee on Finance on both 2026-01-26 and 2026-02-03 in Draft status with no vote recorded either time, keeping the pre-approval window open.
What to do: Pull the draft Dallas Public Facility Corporation lease for Good Homes Dallas and identify the conditions under which DPFC status could be lost — a mid-lease termination would eliminate the $16,837,803 property-tax exemption and expose the project to a tax liability its financing almost certainly does not anticipate. The lease is still in Draft after two Finance Committee briefings, meaning protective language is still negotiable.
Act before: After Committee on Finance votes to advance the lease out of Draft status
Obtain draft lease for 75-year North Stemmons mixed-income housing deal
Applies if: You are developing or financing mixed-income housing projects in Dallas that could use a Public Facility Corporation structure
Why now: The matter was briefed before the Committee on Finance on 2026-01-26 and 2026-02-03 with no vote recorded, meaning lease terms remain in Draft and subject to revision.
What to do: If you are structuring or financing mixed-income housing in Dallas, obtain the draft Dallas Public Facility Corporation lease for Good Homes Dallas now — the 75-year term and $16,837,803 foregone-revenue structure will become the working template for future DPFC mixed-income deals, and the pre-approval window remains open after two consecutive Finance Committee briefings without a vote.
Act before: After Committee on Finance advances the lease out of Draft status
Request records on delayed $16.8M North Stemmons housing subsidy
Why now: The matter appeared on the Committee on Finance agenda on 2026-01-26 and again 2026-02-03 in Draft status — two briefings on the sole item with a disclosed financial figure, with no vote taken after either.
What to do: File a public information request for the staff financial analysis, Dallas Public Facility Corporation board minutes, and any Finance Committee correspondence on the Good Homes Dallas lease — the $16,837,803 foregone-revenue item is the only disclosed dollar amount among 15 Finance Committee agenda items, and two briefings without a vote suggests unresolved concerns worth documenting before the committee acts.
Act before: After records request response (typically 10 business days)
Timeline
Monthly Technology Accountability Report - Information as of December 31, 2025 [Information & Technology Services]
Monthly Technology Accountability Report - Information as of December 31, 2025 [Information & Technology Services]