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25-464A

Authorize (1) the adoption of a Resolution of Support for Pivotal Development LLC and/or its affiliate(s) (collectively referred to as Applicant), related to its application to the Texas Department of Housing and Community Affairs for 9% Competitive Low Income Housing Tax Credits for the development Reserve at Elam to be located at 9129 Elam Road, Dallas, Texas 75217; and (2) an agreement with the Applicant for a line of credit in the amount of $500.00 for the Project proposed multifamily development - Not to exceed $500.00 - Financing: General Fund

CONSENT AGENDA Corrected; Approved Introduced January 22, 2025

What this record is

Held by
Support for Pivotal Development LLC
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.

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.
25-0274; CORRECTED; APPROVED

Where it was heard

City Council Feb 12, 2025