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24-386

Authorize (1) the adoption of a Resolution of Support for Sycamore Strategies, LLC, and/or its affiliate(s) (Applicant), related to its application to the Texas Department of Housing and Community Affairs (TDHCA) for 9% Housing Tax Credits for the development West End Lofts to be located at 805 Elm Street, Dallas, Texas 75202 (Project); and (a) in accordance with 10 TAC § 11.3(d) (the “Administrative Code”), specifically allow the construction of the Project, as required by the Administrative Code, because the Project is within one linear mile or less of Cabana Design District Apartment Homes (a 9% housing tax credit development located at 899 North Stemmons Freeway), and is subject to the One Mile Three Year Rule; and (2) an agreement with the Applicant for a line of credit in the amount of $500.00 for the proposed multifamily development - Not to exceed $500.00 - Financing: General Fund

CONSENT AGENDA Approved Introduced January 21, 2024

What this record is

Held by
Support for Sycamore Strategies, LLC 2 records across this site
Amount
$500
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.

Support for Sycamore Strategies, LLC also holds

Authorize (1) the adoption of a Resolution of Support for Sycamore Strategies, LLC and/or its affiliate(s) (Applicant), related to its application to … $500 Dallas, TX
Committee
Department of Housing & Neighborhood Revitalization
Requested by
Department of Housing & Neighborhood Revitalization (HOU)
Introduced
January 21, 2024
On agenda
February 14, 2024
Enactment no.
24-0255; APPROVED

Where it was heard

City Council Feb 14, 2024