HomeMy WebLinkAboutResolution - 2021-R0074 - 9 Percent Housing Tax Credits, Landmark on MainResolution No. 2021-R0074
Item No. 7.14
February 23, 2021
RESOLUTION
WHEREAS, OPG Landmark on Main Partners, LLC has proposed a development for
affordable rental housing to be named Landmark on Main to be located at 1302 Main Street;
and
WHEREAS, OPG Landmark on Main Partners, LLC intends to submit an application to the
Texas Department of Housing and Community Affairs for 2021 Competitive 9% Housing Tax
Credits for Landmark on Main; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby directs City staff to provide a one-time
permit fee waiver in the amount of five hundred dollars ($500) to be applied to an application
for a permit by OPG Landmark on Main Partners if it is awarded the Texas Department of
Housing and Community Affairs 2021 Competitive 9% Housing Tax Credits for the proposed
development of the Landmark on Main; and
THAT as provided for in 10 TAC §I1.3(e) and §I 1.4(c)(1), it is hereby acknowledged that the
proposed New Construction or Adaptive Reuse Development is located in a census tract that
has more than 20% Housing Tax Credit Units per total households; and
THAT the City of Lubbock hereby confirms that its Governing Body has no objection to the
Application, pursuant to 10 TAC §11.3(e) and §11.4(c)(1) of the Qualified Allocation Plan;
and
THAT the governing body affirms that the proposed Development is consistent with the
jurisdiction's obligation to affirmatively further fair housing.
Passed by the City Council on February 23, 2021
ATTEST:
Rebecc Garza, City Secre
APPROVED AS TO CONTENT:
Iā
Bill Howerton ssistant (fityvIanager
APPROVED AS TO FORM:
elli Leisure, Assistant City Attorney
ccdocs/RES. Adoption ā Housing Credits ā Landmark on Main
02.08.21