HomeMy WebLinkAboutResolution - 2022-R0070 - South Town Lofts Development - HTC Support with TDHCAResolution No. 2022-R0070
Item No. 7.12
February 8, 2022
RESOLUTION
WHEREAS, Housing Trust Group, LLC has proposed a development for affordable rental
housing to be named SouthTown Lofts to be located at 7708 Avenue H; and
WHEREAS, Housing Trust Group, LLC intends to submit an application to the Texas
Department of Housing and Community Affairs for 2022 Competitive 9% Housing Tax Credits
for SouthTown Lofts 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 SouthTown Lofts of Lubbock by Housing Trust
Group, LLC; 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 Housing Trust Group, LLC if it is awarded the Texas Department of Housing
and Community Affairs 2021 Competitive 9% Housing Tax Credits for the proposed
development of SouthTown Lofts of Lubbock; and
THAT as provided for in 10 TAC § 11.3(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 § 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. POPE, MAYOR
ATTEST:
-0 .6'0'0-4" N'
Rebec a Garza, City Secre
APPROVED AS TO CONTENT:
Bill Ho on, Deputy Ci anager
APPROVED AS TO FORM:
elli Leisure, Assistant City Attorney
ccdocs/RES. Adoption Housing Credits - SouthTown Lofts
1.24.22