24-1669
A public hearing to receive comments regarding an application by LDG The Legacy on Kiest, LP an affiliate of LDG Development, LLC (Applicant) to the Texas Department of Housing and Community Affairs (TDHCA) for 4% Non-Competitive Low Income Housing Tax Credits for the development of The Legacy on Kiest, a 180-unit multifamily development located at 2621 Southerland Avenue, Dallas, Texas 75203 (Property); and, at the close of the public hearing adopt a Resolution of No Objection for Applicant, related to its application to TDHCA for the development of The Legacy on Kiest, a multifamily development (Development), and in accordance with 10 TAC § 11.3(d) (the Administrative Code) and the Qualified Allocation Plan (QAP), specifically allow the construction of the Development, as required by the Administrative Code, because the Development is within one linear mile or less of Skyline at Cedar Crest (a recent 4% housing tax credit project located at 2720 East Kiest Boulevard, Dallas, Texas 75216), and is therefore subject to the One Mile Three Year Rule - Financing: No cost consideration to the City
- Committee
- Department of Housing & Neighborhood Revitalization
- Requested by
- Department of Housing & Neighborhood Revitalization (HOU)
- Introduced
- May 13, 2024
- On agenda
- June 12, 2024
- Enactment no.
- 24-0885; HEARING CLOSED; APPROVED