STRATEGIC PRIORITY: Housing & Homelessness Solutions
AGENDA DATE: December 14, 2022
COUNCIL DISTRICT(S): All
DEPARTMENT: Department of Housing & Neighborhood Revitalization
EXECUTIVE: Majed Al-Ghafry
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SUBJECT
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Authorize an amendment to the City of Dallas Comprehensive Housing Policy, previously approved on May 9, 2018, by Resolution No. 18-0704, as amended, to amend the Targeted Rehabilitation Program to (1) remove property insurance from property eligibility requirements; (2) allow applicants to reapply to receive additional assistance for property previously assisted with funds through the Targeted Rehabilitation Program; and (3) revise the funding cap amount from $10,000.00 to $20,000.00 for the Targeted Rehabilitation Program - West Dallas Sub-Program Module - Financing: No cost consideration to the City
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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 Targeted Rehabilitation Program (TRP) is an umbrella program intended to preserve affordable housing and to serve all households eligible for support in the CHP. Each module will identify applicant qualifications and proposed benefits based on the issue the individual module seeks to address. Benefits and requirements, such as the amount of financial assistance and affordability periods, will vary based on funding requirements, community feedback, and funding source.
The CHP currently requires a homeowner to maintain standard property insurance on the property to meet property eligibility requirements for the TRP. Further, the CHP currently does not allow a property previously assisted through the TRP to receive additional funding within the period of affordability. Lastly, for...
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