25-461A
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 for 9% Housing Tax Credits for the development The Magnolia to be located at 1401 Commerce Street, Dallas, Texas 75201; (a) accordance with 10 TAC § 11.3(d) (the “Administrative Code”), specifically allow the adaptive reuse of the Project, as required by the Administrative Code, because the Project is within one linear mile or less of West End Lofts (a 9% housing tax credit development located at 805 Elm Street), 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
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
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…- Committee
- Department of Housing and Community Development
- Requested by
- Department of Housing and Community Development (HOU)
- Introduced
- January 22, 2025
- On agenda
- February 12, 2025
- Enactment no.
- 25-0277; APPROVED