26-718A
Authorize the approval of the City Council of the City of Dallas, as the applicable elected representative as defined by Section 147(f)(2)(E) of the Internal Revenue Code of 1986, as amended (the “Code”), of the issuance of mMultifamily rResidential mMortgage rRevenue bBonds Series 2025 issued by the Dallas Housing Authority (“DHA”) through its subsidiary, Housing Options, Inc., in one or more series of tax-exempt bonds in an amount not to exceed $9,888,000.00 $19,776,000.00 (collectively the “Bonds”); one or more proceeds of the Bonds will be loaned to (1) Lakewest Senior Housing I, LP in the amount of $9,888,000.00, with respect to Village at Lakewest I Apartments I; and (2) Lakewest Senior Housing II, LP in the amount of $9,888,000.00, with respect to Village at Lakewest I Apartments I II, to refinance a portion of the cost of the acquisition, rehabilitation and construction of units for an affordable multifamily complex to be known as Village at Lakewest I Apartments I, (Series 2008 located at 2696 Bickers Street, Dallas, Texas 75212) and Village at Lakewest II Apartments II, (Series 2008 located at 2680 Bickers Street, Dallas, Texas 75212) (“together, the “Developments”) - Financing: No cost consideration to the City
- Committee
- Office of Government Affairs
- Requested by
- Office of Government Affairs (OGA)
- Introduced
- February 17, 2026
- On agenda
- March 25, 2026
- Enactment no.
- 26-0552; CORRECTED; APPROVED