Good Homes Dallas at North Stemmons Freeway (26-522A)
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Good Homes Dallas, a mixed-income, multifamily development to be located at 6950 North Stemmons Freeway, Dallas Texas 75247 (Project); and (2) enter into a seventy-five-year lease agreement with Good Homes Communities, LLC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund: $16,837,803.00 (see Fiscal Information) (This item was deferred on November 12, 2025 and January 28, 2026) *In alignment with Dallas Housing Resource Catalog.
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Verify North Stemmons housing deal hasn't missed financing deadlines
Context: Item 26-522A was deferred February 25, 2026 with no rescheduled return date, and Good Homes Dallas PFC deals are typically structured around annual TDHCA tax credit cycles with fixed application windows that do not pause for Council delays.
Recommended: Contact Dallas city staff and the deal's financial consultant to confirm whether any tax credit application windows or bond commitment deadlines have lapsed during the four-month deferral — if TDHCA or bond issuer deadlines have passed, the Public Facility Corporation agreement will require restructuring before it can return to Council, resetting the timeline by at least one full funding cycle.
Request deferral motion record for North Stemmons housing program
Context: The Good Homes Dallas authorization appeared before City Council once on February 25, 2026, was deferred, and had no scheduled return date as of June 2026, an unusually long gap for a single-site housing program item.
Recommended: File a public records request for the February 25 City Council motion record on this item, including who moved to defer and the staff report submitted that day — the initiator reveals whether the delay is deal-structure driven or Council-driven, and four months without a rescheduled date makes that distinction worth pursuing.
Meet with deferring Council office before North Stemmons housing item is requeued
Context: Item 26-522A was deferred February 25 with no rescheduled date, leaving the conditions for return undefined for at least four months and creating an open negotiating window that will not survive a posted agenda date.
Recommended: Pull the February 25 Council motion record to identify who moved to defer the Good Homes Dallas authorization, then schedule a meeting with that office to learn what conditions must be resolved before the item is requeued — this is the window when the Council office can set the terms of return, and it closes the moment a new hearing date is posted.
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Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Good Homes Dallas, a mixed-income, multifamily development to be located at 6950 North Stemmons Freeway, Dallas Texas 75247 (Project); and (2) enter into a seventy-five-year lease agreement with Good Homes Communities, LLC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund: $16,837,803.00 (see Fiscal Information) (This item was deferred on November 12, 2025 and January 28, 2026) *In alignment with Dallas Housing Resource Catalog.