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24-1431

Authorize (1) the sale of one vacant Land Transfer Program lot to Southfair Community Development Corporation and/or its affiliates, a Qualified Participating Developer under the Land Transfer Program (“Developer”) for the construction of up to two to three affordable housing units subject to restrictive covenants, a right of reverter, and execution and recording of all necessary documents, pursuant to the City’s Land Transfer Program; (2) the release of all non-tax City liens, notices or orders that were filed on the one Land Transfer Program lot prior or subsequent to the deeds transferring the lot the City of Dallas; and (3) execution of a development agreement with Developer for the construction of up to two to three homeownership townhome units on the Land Transfer Program lot - Estimated Revenue: General Fund $1,972.28 (see Fiscal Information)

CONSENT AGENDA Approved Introduced April 24, 2024

What this record is

Held by
Southfair Community Development Corporation 2 records across this site
Runs until
no end date published in this record
Type
contract
Field
Construction

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

Southfair Community Development Corporation also holds

Authorize (1) a Conditional Chapter 380 Economic Development Loan Agreement with Southfair Community Development Corporation in an amount not to excee… $1.19M Dallas, TX
Committee
Department of Housing & Neighborhood Revitalization
Requested by
Department of Housing & Neighborhood Revitalization (HOU)
Introduced
April 24, 2024
On agenda
May 22, 2024
Enactment no.
24-0765; APPROVED

Where it was heard

City Council May 22, 2024