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File #: 25-1876A    Version: 1 Name:
Type: BRIEFING ITEMS Status: Agenda Ready
File created: 5/19/2025 In control: Housing and Homelessness Solutions Committee
On agenda: 5/27/2025 Final action:
Title: Upcoming City Council Agenda Item: Authorize the execution of (1) a development loan agreement in the amount of $6,000,000.00 in Community Development Block Grant Disaster Recovery Funds (CDBG-DR), and a conditional grant agreement in the amount of $2,000,000.00 in 2024 General Obligation Bond Funds (Proposition G: Economic Development Housing Focus) for the development of 6601 S. Lancaster townhomes (Project), with Innovan Neighborhoods, LLC, or its affiliate (Applicant), a 188-unit single-family housing development located at 6601 S. Lancaster Road, Dallas, Texas 75241 [Darwin Wade, Assistant Director, Department of Housing and Community Development]
Attachments: 1. Memorandum
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Upcoming City Council Agenda Item: Authorize the execution of (1) a development loan agreement in the amount of $6,000,000.00 in Community Development Block Grant Disaster  Recovery  Funds  (CDBG-DR), and a conditional grant agreement in the  amount of $2,000,000.00 in 2024 General Obligation Bond Funds (Proposition G: Economic Development Housing Focus) for the development of 6601 S. Lancaster townhomes (Project), with Innovan Neighborhoods, LLC, or its affiliate (Applicant), a 188-unit single-family housing development located at 6601 S. Lancaster Road, Dallas, Texas 75241

[Darwin Wade, Assistant Director, Department of Housing and Community Development]