HomeMy WebLinkAboutResolution - 2022-R0067 - Frontage Estates Development - HTC Support with TDHCAResolution No. 2022-R0067
Item No. 7.9
February 8, 2022
RESOLUTION
WHEREAS, Frontage Estates, L.P. has proposed a development for affordable rental housing
to be named Frontage Estates to be located at 2549 South Loop 289; and
WHEREAS, Frontage Estates, L.P. intends to submit an application to the Texas Department
of Housing and Community Affairs for 2022 Competitive 9% Housing Tax Credits for
Frontage Estates 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 confirms that it supports the application
for the Texas Department of Housing and Community Affairs 2022 Competitive 9% Housing
Tax Credits for the proposed development of Frontage Estates of Lubbock by Frontage
Estates, L.P.; and
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 Frontage Estates, L.P. if it is awarded the Texas Department of Housing and
Community Affairs 2021 Competitive 9% Housing Tax Credits for the proposed development
of Frontage Estates of Lubbock; and
THAT as provided for in 10 TAC §11.3(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 8, 2022
DANIEL M. POPH. MAYOR
ATTEST:
Rebe ca Garza, City Secr ary
APPROVED AS TO CONTENT:
T
Bill erton, Deputy anager
APPROVED AS TO FORM:
kelloiLeisure, Assistant City Attorney
ccdocs/RES. Adoption - Housing Credits - Frontage Estates
1.2422