Legislation Details

File #: 26-3316A    Version: 1 Name:
Type: BRIEFING ITEMS Status: Agenda Ready
File created: 10/8/2026 In control: Housing and Homelessness Solutions Committee
On agenda: 10/26/2026 Final action:
Title: Upcoming Agenda Item: December 9, 2026, Dallas City Council Agenda Item #26-2771A: Authorize a development loan agreement with O-SDA Industries, LLC and/or its affiliate(s) in an amount not to exceed $8,800,000.00 for the development of Bella Limon conditioned upon O-SDA Industries, LLC receiving a 2026 9% Housing Tax Credit award for the development of Bella Limon, an 86-unit mixed-income multifamily development located at 4311, 4319, 4325, and 4329 Belmont Avenue, Dallas, Texas 75204, consisting of (1) $5,000,000.00 in Community Development Block Grant funds or HOME Investment Partnership Program funds subject to the availability of federal funds and (2) $3,800,000.00 in Mixed-Income Housing Development Bonus fee-in-lieu funds [Thor Erickson, Director, Office of Housing and Community Empowerment]  
Attachments: 1. Briefing Memorandum
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Upcoming Agenda Item: December 9, 2026, Dallas City Council Agenda Item #26-2771A: Authorize a development loan agreement with O-SDA Industries, LLC and/or its affiliate(s) in an amount not to exceed $8,800,000.00 for the development of Bella Limon conditioned upon O-SDA Industries, LLC receiving a 2026 9% Housing Tax Credit award for the development of Bella Limon, an 86-unit mixed-income multifamily development located at 4311, 4319, 4325, and 4329 Belmont Avenue, Dallas, Texas 75204, consisting of (1) $5,000,000.00 in Community Development Block Grant funds or HOME Investment Partnership Program funds subject to the availability of federal funds and (2) $3,800,000.00 in Mixed-Income Housing Development Bonus fee-in-lieu funds [Thor Erickson, Director, Office of Housing and Community Empowerment]