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26-559A

Authorize an amendment to Resolution No. 20-1568, previously approved on October 13, 2020 to (1) incorporate and apply the current terms and conditions of the Land Transfer Program (LTP), as amended most recently by Resolution No. 24-0257, on February 14, 2024, into Resolution No. 20-1568 which authorized the Conditional Grant Agreement and Development Agreement (Agreement) with Good Urban Development, LLC (Developer) for the Mill City Lots Infill Project; (2) amend the sales price limits from Resolution No. 20-1568 to permit homes to be sold at or below the maximum sales price allowed by the LTP and/or funding source requirements, as applicable, for the prospective homebuyers income at the time of qualification; and (3) amend Section 3.10 of Resolution No. 20-1568 to extend the project timeline as follows: (i) Developer shall construct and sell each affordable housing unit (Unit) within two years from the execution of the Agreement; (ii) Developer may receive one one-year extension for construction at the discretion of the Director of the Office of Housing and Community Empowerment (Director); and (iii) Developer may receive one additional one-year extension for the sole purpose of selling and occupying each Unit, at the discretion of the Director, provided that all Units are constructed within three years from the execution of the Agreement - Financing: No cost consideration to the City *In alignment with Dallas Housing Resource Catalog.

CONSENT AGENDA Approved Introduced February 2, 2026

What this record is

Held by
Good Urban Development, LLC
Runs until
February 2, 2027 108 days — goes back out to bid date calculated from a contract term stated in the record, not quoted directly
Type
amendment
Field
Construction

construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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
February 2, 2026
On agenda
March 25, 2026
Enactment no.
26-0509; APPROVED

Where it was heard

City Council Mar 25, 2026

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