STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: November 10, 2021
COUNCIL DISTRICT(S): 11
DEPARTMENT: Department of Housing & Neighborhood Revitalization
EXECUTIVE: Dr. Eric A. Johnson
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SUBJECT
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Authorize an amendment to the conditional grant agreement with St. Jude, Inc. for the rehabilitation of 180 permanent supportive housing units to modify the income restrictions at or below 30% Area Median Income (AMI) at or below 50% AMI for 60% of the units and at or below 80% AMI for 40% of the units at the St. Jude Center - Park Central, a permanent supportive housing development located 8102 Lyndon B. Johnson Freeway, Dallas, Texas 75251 - Financing: No cost consideration to the City
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BACKGROUND
On January 27, 2021, City Council authorized a condition grant agreement St. Jude, Inc. (St. Jude) in an amount not to exceed $3,300,000.00 in consideration for the renovation of The St. Jude Center - Park Central (Project), a 180-unit permanent supportive housing development. The Project consisted of two phases and is currently transitioning from Phase 1 to Phase 2.
As part of Phase 1, the City executed a contract with Dallas County to provide $2 million in Coronavirus Relief Funds for the acquisition of the Project by St. Jude, or its affiliate, approved by City Council on November 11, 2020 by Resolution No. 20-1789. Phase 2 includes the renovation of the Project to house individuals experiencing homelessness. In total, the Phase 2 renovation will result in 180 permanent supportive housing units that are approximately 350 square feet each. The gradual transition from Phase 1 to Phase 2 is ongoing in conjunction with City, County, and other stakeholders.
The conditional grant agreement currently requires that all 180 units of permanent supportive housing be reserve for residents earning at or below 30% Area Median Income (AMI). In order to better serve a broader population...
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