Good Homes Dallas Mixed-Income Housing (26-506A)

Context: The $16,837,803 foregone-revenue figure surfaced only in a Committee on Finance briefing on February 3, 2026, not a recorded council vote, meaning the binding PFC board action could have occurred earlier and already be time-barred.

Recommended: Request Dallas Public Facility Corporation board minutes from December 2025 to the present to pin down when the board actually authorized the Good Homes Dallas lease. If that vote predates the February 3 committee briefing, the Chapter 303 forty-five-day challenge window has already closed, cutting off any challenge to the income-restriction covenants.

Context: The lease at 6950 North Stemmons Freeway routes the full $16,837,803 in general fund revenue through a Chapter 303 Public Facility Corporation exemption, and the underlying affordability terms were not disclosed in the February 3 briefing.

Recommended: Request the Public Facility Corporation's underwriting file to see what affordability set-aside justified the full property-tax exemption on the 75-year Good Homes Dallas lease. If the set-aside matches the Chapter 303 statutory minimum, this structure is a replicable template for other Dallas sites; if it exceeds the minimum, it signals the city is now demanding deeper affordability than state law requires for future PFC deals.

Context: The matter record shows only the single February 3, 2026 Committee on Finance briefing on file 26-506A, with no subsequent council action through July 2026.

Recommended: File a public information request for the staff fiscal note behind the $16,837,803 foregone-revenue estimate, asking whether it's a net present value figure discounted over 75 years or a simple undiscounted sum — the two methods can differ by tens of millions of dollars. Also request internal correspondence explaining why no council vote has reached the agenda in the five-plus months since the February 3 briefing.

Context: The item disclosed $16,837,803 in foregone general fund revenue at the February 3, 2026 committee briefing but shows no subsequent council agenda appearance in the record.

Recommended: Reach out to the Committee on Finance chair and the council member for the district containing 6950 North Stemmons Freeway to learn why the Good Homes Dallas authorization hasn't reached a full council vote five months after the February 3 briefing. Whoever is holding the item — staff, financing, or calendar — also controls whether the income-restriction covenants can still be negotiated before a binding vote.