FY 2026-27 and FY 2027-28 Biennial Budget (26-392A)

Context: The Committee on Finance briefed a $16,837,803 general fund revenue foregone estimate on 2026-02-03, the first public disclosure of the full fiscal scale of this public facility corporation lease structure for the Good Homes Communities development.

Recommended: If you are developing or financing affordable or mixed-income housing in Dallas, the Good Homes Dallas project at 6950 North Stemmons Freeway illustrates how a Dallas Public Facility Corporation 75-year ground lease can shelter a project's full property tax burden — review the deal structure disclosed in the Committee on Finance briefing to assess whether this financing mechanism applies to your pipeline.

Context: The Committee on Finance first disclosed the $16,837,803 foregone-revenue figure on 2026-02-03, but all 15 agenda items across both briefing sessions (2026-01-26 and 2026-02-03) remain in draft status with no public vote on record.

Recommended: A 75-year lease between the Dallas Public Facility Corporation and Good Homes Communities, LLC at 6950 North Stemmons Freeway carries an estimated $16.8 million in foregone city general fund revenue — file an open records request for the lease documents and any supporting financial analysis to identify who controls Good Homes Communities LLC and how the tax benefit was calculated.

Context: Across 2 appearances, all 15 Committee on Finance agenda items remained in draft or briefing-only status, signaling the budget is still open to input before it moves toward a council vote.

Recommended: The FY 2026-27 and FY 2027-28 biennial budget is still in formation — both the January 26 and February 3 Committee on Finance sessions were briefing-only with no votes taken, giving advocates a narrow window to shape priorities before the draft consolidates for adoption.