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HomeMy WebLinkAboutResolution - 2021-R0075 - 9 Percent Housing Tax Credits, Westwind of LubbockResolution No. 2021-R0075 Item No. 7.16 February 23, 2021 RESOLUTION WHEREAS, the Housing Lab by BETCO has proposed a development for affordable rental housing to be named Westwind of Lubbock to be located at 5906 Erskine Street; and WHEREAS, the Housing Lab by BETCO intends to submit an application to the Texas Department of Housing and Community Affairs for 2021 Competitive 9% Housing Tax Credits for Westwind of Lubbock; 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 the Housing Lab by BETCO if it is awarded the Texas Department of Housing and Community Affairs 2021 Competitive 9% Housing Tax Credits for the proposed development of Westwind of Lubbock; and THAT as provided for in 10 TAC §I 1.3(e) and §11.4(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 §I1.3(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 ATTEST: Rebe ca Garza, City Secr t February 23, 2021 APPROVED AS TO CONTENT: rT �Dyj• /, Bill Howerto Assistant Ci anager APPROVED AS TO FORM: K lli Leisure, Assistant City Attorney ccdocs/RES. Adoption — Housing Credits — Westwind of Lubbock 02.08.21