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24-2572

Authorize aA resolution to authorize (1) the Dallas Housing Finance Corporation (DFHC or Corporation) to delegate to the Texas Department of Housing & Community Affairs (TDHCA) its authority to issue Qualified Mortgage Revenue Bonds (Bonds) to be administered by the TDHCA through the Texas Homebuyer Program in an amount not to exceed $64,819,515.00 for the purpose of obtaining funds to finance home mortgage loans for persons of low and moderate income; and (2) the an aAssignment Agreement between the DHFC and the TDHCA for the assignment of the Bonds to be administered by the Texas Department of Housing & Community Affairs (TDHCA) through the Texas Homebuyer Program in an amount not to exceed $64,819,515.00 - Financing: No cost consideration to the City

CONSENT AGENDA Corrected; Approved as an Individual Item Introduced August 14, 2024
Committee
Department of Housing & Neighborhood Revitalization
Requested by
Department of Housing & Neighborhood Revitalization (HOU)
Introduced
August 14, 2024
On agenda
September 11, 2024
Enactment no.
24-1272; CORRECTED; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council Sep 11, 2024