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.
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Attachment
s.pr18151 memo
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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
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APPROVED AS TO FORM:
City Attor
APPROVED FOR ADMINISTRATION:
City Manager
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