STRATEGIC PRIORITY: Housing & Homelessness Solutions
AGENDA DATE: October 23, 2024
COUNCIL DISTRICT(S):|910|DEPARTMENT: Department of Housing and Community Development
EXECUTIVE: Robin Bentley
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SUBJECT
Title
A public hearing to receive comments regarding an application by The Culbreath, LP or its affiliate, DHA Housing Solutions for North Texas (collectively referred to as "Applicant") to the Texas Department of Housing and Community Affairs (TDHCA) for 4% Non-Competitive Low Income Housing Tax Credits for The Culbreath located at 2770 Bethurum Avenue, Dallas, TX 75215; 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 Culbreath - Financing: No cost consideration to the City (This item was deferred on September 25, 2024)
Body
BACKGROUND
The Culbreath, LP (Applicant), submitted a Request for Resolution application to the City for a Resolution of No Objection for its application to TDHCA for 2024 4% Non-Competitive Housing Tax Credit (HTC). The 4% HTC's will be used for the development of The Culbreath, a 364-unit complex serving seniors aged 62 and older, located at 2770 Bethurum Avenue, Dallas, TX 75215 (Property). A purchase and sale agreement for the Property has been executed between the current owner of the Property and an affiliate of the Applicant. TDHCA requires 4% HTC applicants provide a Resolution of No Objection from the governing body of the jurisdiction in which the proposed development will be sited. As part of these TDHCA requirements, the governing body must also conduct a public hearing for citizens to provide comments on the proposed development. Once a resolution is adopted and submitted to TDHCA, it cannot be changed or withdrawn.
The Project site consists of two newly constructed wood frame U-shaped four-story elevator structures with brick and wood exteriors. T...
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