PILLAR: Vibrant
AGENDA DATE: September 23, 2026
COUNCIL DISTRICT(S):|910|DEPARTMENT: Office of Housing and Community Empowerment
PRIORITY: N/A
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SUBJECT
Title
A public hearing (1) to receive comments regarding an application by Titanium Housing Partners, LLC and/or its affiliate(s) (collectively referred to as Applicant), to the Texas Department of Housing and Community Affairs (TDHCA) for 2026 4% Non-Competitive Low Income Housing Tax Credits for The Pemberton at Independence, a 257-unit multifamily residential development to be located at 4242 and 4150 Independence Drive and 4154 Preferred Place, Dallas, Texas 75237 (Project); (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, (3) authorize a Resolution of No Objection for the Applicant, related to its upcoming 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
TX Independence 2027, Ltd., a to-be-formed affiliate of Titanium Housing Partners, LLC, submitted an application to the City of Dallas for a Resolution of No Objection (RONO) for its upcoming application to Texas Department of Housing and Community Affairs (TDHCA) for 2026 4% Non-Competitive Housing Tax Credit (4% Housing Tax Credit). The tax credits will be used for the development of The Pemberton at Independence, a 257-unit multifamily complex located at 4242 and 4150 Independence Drive and 4154 Preferred Place, Dallas, Texas 75237 (Project).
Applicant executed Real Estate Purchase Agreements with the current owners of the properties located at 4242 Independence Drive and 4154 Preferred Place. TDHCA requires 4% Housing Tax Credit applicants to provide a RONO fr...
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