PILLAR: Vibrant
AGENDA DATE: November 12, 2025
COUNCIL DISTRICT(S):|910|DEPARTMENT: Office of Housing and Community Empowerment
PRIORITY: Neighborhood Revitalization
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SUBJECT
Title
A public hearing to receive comments (1) regarding an application by JPI Affordable Acquisition, LLC (Applicant), to the Texas Department of Housing and Community Affairs (TDHCA) for 4% Non-Competitive Low Income Housing Tax Credits for Torrington Forest, a 248-unit multifamily residential development for persons of low and moderate income to be located at 7100 South Great Trinity Forest Way, Dallas, Texas 75217 (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; and (3) authorize a Resolution of No Objection for Applicant, acknowledging the One Mile Three Year Rule, and the Project's location in a census tract with more than twenty percent Housing Tax Credit units per total households, related to its application to TDHCA for the development of the Project - Financing: No cost consideration to the City?(see Fiscal Information)
*In alignment with Dallas Housing Policy 2033.
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BACKGROUND
JPI Affordable Acquisition, 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 2025 4% Non-Competitive Housing Tax Credits (4% Housing Tax Credits). The 4% Housing Tax Credits will be used for the development of Torrington Forest, a 248-unit multifamily complex Project.
A Real Estate Purchase Agreement for the Property has been executed between the current owner of the Property and TDI Affordable Acquisition, LLC, an affiliate of the Applicant. ...
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