PILLAR: Vibrant
AGENDA DATE: February 11, 2026
COUNCIL DISTRICT(S):|910|DEPARTMENT: Office of Housing and Community Empowerment
PRIORITY: N/A
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SUBJECT
Title
A public hearing to receive comments (1) regarding an application by Cohen-Esrey Development Group, LLC (Applicant), to the Texas Department of Housing and Community Affairs for 4% Non-Competitive Low Income Housing Tax Credits for The Henley, a 228-unit multifamily residential development for persons of low and moderate income to be located at 7535 University Hills Boulevard, Dallas, Texas 75241 (Project); and (2) pursuant to Section 394.9025 of the Texas Local Government Code regarding bonds to be issued by the City of Dallas Housing Finance Corporation to finance the Project; and, at the close of the public hearing authorize a Resolution of No Objection for Applicant related to its application to TDHCA for the development of the Project - Financing: This action has no cost consideration to the City (see Fiscal Information)
*In alignment with Dallas Housing Resource Catalog.
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BACKGROUND
Cohen-Esrey Development Group, LLC, a Delaware limited liability company authorized to transact business in the state of Texas submitted an application to the City of Dallas for a Resolution of No Objection (RONO) for its application to Texas Department of Housing and Community Affairs (TDHCA) for 2026 4% Non-Competitive Housing Tax Credits (4% Housing Tax Credits). The 4% Housing Tax Credits will be used for the development of The Henley, a 228-unit multifamily complex located at 7535 University Hills Boulevard, Dallas, Texas 75241 (Project).
A Real Estate Purchase Agreement for the Property has been executed between the current owner of the Property and Cohen-Esrey Development Group, LLC, an affiliate of the Applicant. TDHCA requires 4% Housing Tax Credit applicants to provide a RONO from the governing body of the jurisdiction in which the ...
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