Authorize an increase in the development loan agreement with Texas Heavenly Homes Ltd., or its affiliate (Applicant), conditioned upon the completion of a third-party underwriting for the development of the Bottom Infill, a 32-unit single-family affordable housing project located in the Bottom neighborhood of Council District 4 - Not to exceed $3,084,427.00, from $500,000.00 to $3,584,427.00 - Financing: Community Development Block Grant Disaster Recovery Funds (This item was deferred on February 14, 2024 and March 27, 2024)

What this record is

Held by

Texas Heavenly Homes Ltd 2 records across this site

Amount

$3.08M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Texas Heavenly Homes Ltd also holds

Upcoming Agenda Item # XX (February 14, 2024): Authorize an increase in the amount of $3,087,427.00 in Community Development Block Grant Funds Disaste… $3.59M Dallas, TX

Committee

Department of Housing & Neighborhood Revitalization

Requested by

Department of Housing & Neighborhood Revitalization (HOU)

Introduced

April 1, 2024

On agenda

April 24, 2024

Enactment no.

24-0613; DENIED BY DEPUTY MAYOR PRO TEM ARNOLD

Where it was heard

City Council Apr 24, 2024

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