714 Turtle Creek Boulevard (File 26-1778)

Context: The May 28, 2026 item identifies the applicant as "South First Affordable Partners LP, or an affiliated entity," leaving the final owner of the 714 Turtle Creek Boulevard and 5609 Cougar Drive properties unresolved in the public record.

Recommended: Obtain the adopted resolution text and the tax credit application to confirm which entity ultimately holds the deal, because the Council item names South First Affordable Partners LP "or an affiliated entity." Ask whether the resolution's support language expressly runs to an assignee affiliate, or whether a substituted borrower at bond closing would require the City to act again.

Context: The May 28, 2026 Council item for South First Affordable Partners LP states the item has no fiscal impact and that approving the resolution does not constitute any obligation of the City with respect to funding.

Recommended: Treat this resolution strictly as application support for the federal 4 percent non-competitive Housing Tax Credits and private activity bond financing — the item expressly states it creates no City funding obligation. If your rehabilitation pro forma for the two scattered sites assumed local gap dollars, file that separate request now, before the tax credit application locks in the sources.

Context: The May 28, 2026 item describes a scattered-site development branded South First Affordable Apartments but lists only 714 Turtle Creek Boulevard and 5609 Cougar Drive, both 78745, with no unit count disclosed.

Recommended: Request the full scattered-site property list, unit counts, and current rent and income levels behind "South First Affordable Apartments" — the two addresses named in the Council item are on Turtle Creek Boulevard and Cougar Drive, not South First Street. Ask staff whether additional properties are folded into the same bond issuance and whether any units currently rent at market rate.

Applies if: You live at or near either named address

Context: The May 28, 2026 Council item describes rehabilitation of an existing scattered-site multifamily development at 714 Turtle Creek Boulevard and 5609 Cougar Drive financed through the private activity bond program.

Recommended: If you rent at 714 Turtle Creek Boulevard or 5609 Cougar Drive, ask the owner and City housing staff for the written relocation and construction phasing plan — this is a rehabilitation of occupied buildings, not new construction, so units will be worked on around existing tenants. Get in writing whether your rent and income eligibility change after the tax credit financing closes.