Authorize (1) the adoption of a Resolution of Support for Albatross 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 The Eleanor to be located at 7030 West Wheatland Road, Dallas, Texas 75249 (Project); and (2) an agreement with the Applicant for a line of credit in the amount of $500.00 for the proposed multifamily development of the Project - Not to exceed $500.00 - Financing: General Fund *In alignment with Dallas Housing Resource Catalog.

What this record is

Held by

Support for Albatross Development, LLC

Amount

$500

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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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

January 15, 2026

On agenda

February 11, 2026

Enactment no.

26-0340; APPROVED

Where it was heard

City Council Feb 11, 2026

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