Authorize an amendment to Resolution No. 20-0314, previously approved on February 26, 2020 to (1) authorize the sale of up to 24 lots for the development of at least 34 affordable housing units for the Jeffries-Meyers Cluster 1 and/or 3 infill project as shown in the modified Exhibit A; (2) 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. 20-0314 which authorized the Conditional Grant Agreement and Development Agreement for Land Transfer Lots with Dallas Housing Foundation (Developer) for the Jeffries-Meyers Cluster 1 and/or 3 infill project (Project); (3) amend the sales price limits from Resolution No. 20-0314 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; (4) amend Section 2.9 of Resolution No. 20-0314 to extend the project timeline as follows: (i) Developer shall construct and rent or sell each affordable housing unit (Unit) within two years from the date of sale of the lot by the City to Developer; (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 homes are constructed within three years from the sale of the lot by the City to Developer; and (5) replace the lot list with the attached modified Exhibit A - 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: Dallas Housing Foundation
Runs until: February 2, 2027 154 days — goes back out to bid calculated from the contract term stated in the record
Type: amendment
Field: Construction

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