Good Homes Dallas at North Stemmons Freeway (26-877A)
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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, January 28, 2026, and February 25, 2026) *In alignment with Dallas Housing Resource Catalog.
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Pull amended resolution before Dallas Public Facility Corporation challenge window closes
Context: File 26-877A was adopted 'As Amended' by Dallas City Council on April 8, 2026, committing $16.8M in General Fund revenue foregone under a 75-year Dallas Public Facility Corporation ground lease — the nature of the amendment is not disclosed in the public agenda summary.
Recommended: The Council approved this deal 'As Amended' — request the final adopted resolution and ground lease text from the City Secretary now to verify whether the income restriction covenants and affordability terms match what was publicly noticed, and assess whether a taxpayer challenge to the DPFC authorization is viable before the statutory window closes.
Pull Dallas Public Facility Corporation resolution to see income restriction terms for North Stemmons deal
Context: Dallas City Council authorized $16.8M in foregone General Fund revenue for this DPFC mixed-income multifamily ground lease on April 8, 2026 (File 26-877A), but the underlying income restriction requirements were not detailed in the public agenda materials.
Recommended: Request the DPFC acquisition resolution and ground lease for 6950 North Stemmons Freeway to identify the AMI targeting percentages, required unit mix, and affordability covenant length — these terms define the affordability-for-subsidy trade DPFC accepted and will likely serve as the baseline it applies when evaluating future mixed-income pitches.
Request the amendment that changed the North Stemmons ground lease deal
Context: The April 8, 2026 City Council minutes will show who moved the amendment and what it modified, but neither the amendment text nor the ownership structure of 'Good Homes Dallas' appear in publicly available agenda materials.
Recommended: File 26-877A was pulled from consent and approved 'As Amended' — request the clerk's amendment record and compare the adopted resolution against the originally noticed agenda text to identify what changed in the $16.8M, 75-year ground lease terms, and whether the change benefited the developer or added public protections.
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Trust Proof
What we said then vs what happened next
We said (Apr 7, 2026):
Reach Stemmons district council member before housing vote
What happened (Apr 8, 2026):
Approved As Amended
We said (Apr 7, 2026):
Verify federal compliance before Stemmons housing program vote
What happened (Apr 8, 2026):
Approved As Amended
We said (Apr 7, 2026):
Pull housing program file before tomorrow's Stemmons vote
What happened (Apr 8, 2026):
Approved As Amended
Timeline
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, January 28, 2026, and February 25, 2026) *In alignment with Dallas Housing Resource Catalog.