STRATEGIC PRIORITY: Housing & Homelessness Solutions
AGENDA DATE: April 12, 2023
COUNCIL DISTRICT(S): All
DEPARTMENT: Department of Housing & Neighborhood Revitalization
EXECUTIVE: Majed Al-Ghafry
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SUBJECT
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Authorize (1) the approval and adoption of the Dallas Housing Policy 2033 attached as Exhibit A to replace the Comprehensive Housing Policy (CHP); and (2) the Department of Housing and Neighborhood Revitalization (Housing) to continue operating its current programs, previously adopted under the CHP Comprehensive Housing Policy, now to be included in a new document known as the Dallas Housing Resource Catalog (to be adopted separately); (3) Housing will have a 6-12 month implementation plan; (4) Housing will establish an advisory Housing Task Force; and (5) Housing will report on progress to City Council - Financing: No cost consideration to the City
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BACKGROUND
Over the last four years, the CHP has created structure, transparency, and accountability for housing projects with city investments. Development proposals seeking city subsidies are self-scored by applicants, verified by staff, and underwritten by third parties. Low Income Housing Tax Credit (LIHTC) projects are evaluated by staff for compliance with the tax credit policy and assessed by the Office of Equity & Inclusion Fair Housing Division before City Council deliberates on granting resolutions of support or no objection. Mixed-Income Housing Development Bonuses are driving investment decisions on affordable housing, and the Land Transfer Program is nearly sold out of inventory. These programs combined have produced a pipeline of more than 14,000 housing units.
Housing has continued to improve its compliance and administrative management of federal and nonfederal funding for programs and projects to provide mixed-income housing. In 2022, the United States Department of Housing and Urban Development conducted a re...
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