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26-2142A

Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Rivulet Apartments, a 240-unit, mixed-income, multifamily development to be located at 6400 University Hills Boulevard, Dallas, Texas 75241 (Project); and (2) enter into a seventy-five-year lease agreement with Rivulet MF LandCo I, LLC or its affiliate, for the development of the Project - Estimated Revenue Foregone: General Fund $1,185,925.15 (for 60 years; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.

CONSENT AGENDA Approved as an Individual Item Introduced June 12, 2026

What this record is

Held by
Rivulet MF LandCo I, LLC
Runs until
June 12, 2031 5 years away calculated from the contract term stated in the record
Type
contract
Field
Real estate

See everything else expiring in this field →

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Office of Housing and Community Empowerment
Requested by
Office of Housing and Community Empowerment (HCE)
Introduced
June 12, 2026
On agenda
August 12, 2026
Enactment no.
26-1169; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council Aug 12, 2026