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File #: 21-1799    Version: 1 Name:
Type: ITEMS FOR INDIVIDUAL CONSIDERATION Status: Deleted
File created: 9/14/2021 In control: Department of Housing & Neighborhood Revitalization
On agenda: 10/13/2021 Final action:
Title: Authorize an amendment to the City of Dallas Comprehensive Housing Policy, as amended, to allow the City to provide targeted financial support for the development of non-income restricted housing units that provides consideration for such development and meets a public purpose - Financing: No cost consideration to the City
Indexes: 100
Attachments: 1. Resolution, 2. Exhibit A
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: October 13, 2021
COUNCIL DISTRICT(S): All
DEPARTMENT: Department of Housing & Neighborhood Revitalization
EXECUTIVE: Dr. Eric A. Johnson
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SUBJECT

Title
Authorize an amendment to the City of Dallas Comprehensive Housing Policy, as amended, to allow the City to provide targeted financial support for the development of non-income restricted housing units that provides consideration for such development and meets a public purpose - Financing: No cost consideration to the City

Body
BACKGROUND

The Comprehensive Housing Policy (CHP) has three main goals: (1) create and maintain available and affordable housing throughout Dallas; (2) promote greater fair housing choices; and (3) overcome patterns of segregation and concentrations of poverty through incentives and requirements.

The Department of Housing & Neighborhood Revitalization (Department) recommends changes to the CHP. The proposed changes are designed to improve the program's effectiveness and broaden the type of housing units and income bands that can receive financial support from the City.

At present, the CHP only allows the City to fund housing units that serve families earning at or below 120% of the area median income (AMI). The Department is recommending amendment to the CHP to allow the City to support the development of housing units that are non-income restricted. The goal of this amendment is to allow for the targeted development of market rate housing in areas that already have a substantial amount of affordable housing in the area. This targeted development will allow for the development of new, mixed-income communities.

Any development, affordable or non-income restricted, will still be required to submit an application through the Department's Notice of Funding Availability (NOFA) application process. The City will not provide financial support for a deve...

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