25-284A
Authorize the approval of the City Council of the City of Dallas, as the applicable elected representative as defined by Section 147(f)(2)(E) of the Internal Revenue Code of 1986, as amended (the “Code”), of the issuance of multifamily residential mortgage revenue bonds issued by the Dallas Housing Authority (”DHA”) through its subsidiary, Housing Options, Inc. in a series of tax-exempt bonds in an amount not to exceed $35,000.000.00 (the “Bonds”); proceeds of the Bonds will be loaned to Royal Crest Preservation, LLC to finance a portion of the cost of the renovation of units for an affordable multifamily complex to be known as Royal Crest Apartment located at 3558 Wilhurt Avenue, Dallas, Texas 75216 - Financing: No cost consideration to the City
- Committee
- Office of Government Affairs
- Requested by
- Office of Government Affairs (OGA)
- Introduced
- January 14, 2025
- On agenda
- February 12, 2025
- Enactment no.
- 25-0289; CORRECTED; APPROVED
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