PILLAR: Vibrant
AGENDA DATE: March 25, 2026
COUNCIL DISTRICT(S):|910|DEPARTMENT: Office of Housing and Community Empowerment
PRIORITY: N/A
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SUBJECT
Title
Authorize?an amendment to Resolution No.?20-0497, previously approved on?March?25, 2020 to (1) incorporate and apply the current terms and conditions of the Land Transfer Program (LTP), as amended most recently by Resolution No. 24-0257, on February 14, 2024, into Resolution No. 20-0497 which authorized the HOME Investment Partnership Program (HOME) Written Agreement for Land Transfer Lots with Notre Dame Place, Inc. and/or its affiliates; (2) amend the sales price limits from Resolution No. 20-0497 to permit homes to be sold at or below the maximum sales price allowed by the LTP and/or federal HOME regulations, as applicable, for the prospective homebuyers income at the time of qualification; (3) amend the affordability periods listed for HOME-assisted units to be in line with current affordability requirements; and (4) amend lot list as shown in Exhibit A to reflect updated remaining lots - Financing: No cost consideration to the City
*In alignment with Dallas Housing Resource Catalog.
Body
BACKGROUND
The Office of Housing and Community Empowerment (OHCE) administers programs through the Dallas Housing Resource Catalog (DHRC) that seek to appropriately incentivize private investment for the development of quality, sustainable housing that is affordable to the residents of the City.?One program is the New Construction and Substantial Rehabilitation Program, which seeks to provide financial assistance to new developments or substantial rehabilitation developments, where such assistance is necessary. This program operates with?the Land Transfer Program, administered by the Department of Facilities and Real Estate Management, which allows the City to sell qualifying City-owned real property and resell tax-foreclosed real property to for-pr...
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