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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Ask why Good Homes Dallas public facility project keeps being deferred
Applies if: Applies if no public explanation for the three deferrals has been published.
Context: The item to lease 6950 North Stemmons Freeway to Good Homes Communities, LLC carries $16,837,803 in estimated General Fund revenue foregone and was deferred on November 12, 2025, January 28, 2026, and again on February 25, 2026.
Recommended: Request the Dallas Public Facility Corporation's fiscal information sheet and any council briefing on the 75-year lease, and ask which party sought each deferral. Without that, the public cannot tell whether the delays reflect cost concerns, negotiation changes, or council objections.
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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.