Loading...
HomeMy WebLinkAboutPR 18151: HOUSING TAX CREDITS (TDHCA) interoffice MEMORANDUM 1 To: Mayor, City Council, and City Manager From: Valecia R. Tizeno, City Attorney Date: January 17, 2014 Subject: P. R. No. 18151; Council Meeting January 21, 2014 Attached is P. R. No. 18151 regarding an application to the Texas Department of Housing and Community Affairs ( "TDHCA ") for 2013 housing tax credits for a development at 3501 12 Street. TDHCA requires that those applying for Housing Tax Credits after September 1, 2013, must submit a resolution of no objection from the applicable Governing Body. The Applicant has submitted a chart indicating the types of restrictions that will be placed on the property. I have reviewed the attached chart to verify the information submitted. I will be prepared to answer any questions that the City Council may have with regard to the information submitted to the legal department on this issue. VRT:gt Attachment s.pr18151 memo �� O C o ? x `v° A - ° CA MI Z -3 ' o ° m com A a QO � g g M co c7 in <' 0 o p 0 a�a Co N Z. ^' g m o^ 8 o N T H x ^ s w w a CD o n. 8 O' 0 .a w a o c . ° 0 ,w„ w g' . ° ;• ° so ° w 2-s o � $ n o c � • Ci'1 ,< N y S ...� N N O H Q i G O V o o. c C 0 ^ 0 Pig. F a0 _- w N rn 0 s. �7 N o y w Ea`o n R . . Ti o•e f" g. �a n c ° o n o a, a —� m ro .8 a O -f D, w °' v w a v d if, a y w 2r�° ci — <OwN Er m o `° ar s ow y 9 w w • fa B: o n o M 1 w ^ S y =° O n co w w ° o . a 3 h �-I c 0 r °0 o a 0" o c (o- c ° �C C c � o �.rJ � O ,' mi l p O ^� . -` a V S on 0' 5 0 w ° - 8 . . .4 '8 2 C < h N Y r a S CA an �7 O w 0 y N Ob N N r„° w C 'w' r'C3° O R p ..— �.� o /r X X w wv'' H y w a'o 6 ti X006 �.�c o °2 0— o= r l ,3 n' 7 [D O N N a - , O h p 2 S ~C w 0 5 a' P C E O O o w, 'a w r° co C �• '1 v — Ca. P . 0 .. w a ro C^ . w w n X k . a m 5 w a C F 0 ° fi F / � � C 1 y “El o 5'n ro w w '12, o ^�' o *I w O 0. p 0 0 .3. 5a HE 03c S [o C 'a ` [D t° w w °' y' ° v �... a 0. w '7 rs is c ,-< s F 7 � 0. a G ° o- n n a r° w °O ,� n. < CA c w m c ' 'a 9 r r o ti B r D n ov w 5 0 0° ° o y X X 5 w •Oi a y o' N O C P' fl. a b ..• • acw o w aw 'o S ° o ° N o 0 '' ..� °H -°$ C ° ^ o r te ' , � c • ° °. r 0 �°wr 5 ° o, no 0 0 H 0 8 0 •-.< C O O w w y N 0 0 ° ^ o < co,.. ,.. o c °•• rs tal 0 c 2a g. < a 3 C y' ^ 00 A C r 'C N a y a o ^ 7 '� 8. ^. N .°-" w 0 3 2 C p O N O 5 b 4 J o" c w m . o - w 0 w 0 w' (D EP a'0 w c gQ E g ^1 w ° -7 '4 m n w < av o w ^' 0 0 o ,.< w ao ° o " r'. a rs 5• o 2' ° o 6 o^ w o °c° _ 5 o a io' c 2, a0 •� �' P.R. No. 18151 1/17/14 vrt RESOLUTION NO. A RESOLUTION FROM THE CITY COUNCIL OF THE CITY OF PORT ARTHUR CONFIRMING NO OBJECTION TO THE SUBMISSION OF AN APPLICATION FOR HOUSING TAX CREDITS TO THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS FOR A DEVELOPMENT FINANCED THROUGH THE PRIVATE ACTIVITY BOND PROGRAM CONTAINING NO MORE THAN 104 UNITS TO BE LOCATED AT 3501 12 STREET TO BE KNOWN AS EDISON SQUARE. WHEREAS, Port Arthur Housing Initiative II, LP, a Texas limited ,partnership (the "Owner "), has proposed a development for affordable rental housing containing no more than 104 units to be located at 3501 12 Street to be named Edison Square (the "Development ") in the City of Port Arthur, Texas; and WHEREAS, the Development will be financed in part by the private activity bond program (the "Bonds "); WHEREAS, Applicant has submitted an application to the Texas Department of Housing and Community Affairs ( "TDHCA ") for 2013 housing tax credits for the Development (the "Application "); and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR (the "Governing Body "): Section 1. That in accordance with the requirements of Texas Government Code §2306.67071 and Texas Administrative Code §10.204(4), the City hereby finds that: 1. Notice has been provided to the Governing Body in accordance with Texas Government Code, §2306.67071(a); and 2. The Governing Body has had sufficient opportunity to obtain a response from the Applicant regarding any questions or concerns about the proposed Development; and 3. The Governing Body has held a hearing at which public comment may be made on the proposed Development in s.pr18151 accordance with Texas Government Code, §2306.67071(b); and 4. After due consideration of the information provided by the Applicant and public comment, the Governing Body does not object to the proposed Application. Section 2. That for and on behalf of the Governing Body, the City Secretary, is hereby authorized, empowered, and directed to certify this resolution to the Texas Department of Housing and Community Affairs. Section 3. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of January, 2014 AD, at a Regular Meeting'of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Mayor ATTEST: City Secretary 2 APPROVED AS TO FORM: City Attor APPROVED FOR ADMINISTRATION: City Manager 3