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HomeMy WebLinkAboutResolution - 2019-R0047 - 9% Housing Tax Credit - Busland Springs - 02/25/2019Resolution No. 2019-R0047 Item No. 7.14 February 25, 2019 RESOLUTION WHEREAS, SH Lubbock Upland has proposed a development for affordable rental housing to be named Residences at Bushland Springs and will be located in the area of 19th Street and Upland Avenue in, Lubbock, Texas, 79407; and WHEREAS, SH Lubbock Upland has advised the City of Lubbock that it intends to submit an application to the Texas Department of Housing and Community Affairs for 2019 Competitive 9% Housing Tax Credits for Residences at Bushland Springs; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council hereby confirms and supports the proposed development of Residences at Bushland Springs in the area of 19th Street and Upland Avenue in Lubbock, Texas, 79407 by SH Lubbock Upland according to the Texas Department of Housing and Community Affairs project application number TDHCA 19031; and THAT the City Council of the City of Lubbock hereby directs City staff to provide a one-time permit fee waiver not to exceed five hundred dollars ($500) to be applied to an application for a permit by SH Lubbock Upland if it is awarded the Texas Department of Housing and Community Affairs 2019 Competitive 9% Housing Tax Credits for the proposed development of the Residences at Bushland Springs; and THAT the Mayor of the City of Lubbock is hereby authorized and directed to certify for and on behalf of the City of Lubbock, these resolutions to the Texas Department of Housing and Community Affairs. Passed by the City Council on _ _February 25, 2019 DANIEL M. POPE, M. YOR ATTEST: Rebe a Garza, City SecretAQ_J APPROVED AS TO CONTENT: Bill Hoween, Assi>tgg"City Manager APPROVED AS TO FORM: - hmf& lli Leisure, Assistant City Attorney ccdocs/RES Adoption - Housing Credits Residences at Bushland Springs 02 18 14