The Housing and Community Development Department (HCDD) recommends approval of a Resolution allowing construction of two properties applying for competitive 9% housing tax credits (HTCs) allocated by the Texas Department of Housing and Community Affairs (TDHCA) that will be located within 500 feet of active railroad tracks, measured from the closest rail to the boundary of the Development Site.
To avoid “undesirable site features” of Housing Tax Credit properties, TDHCA implements certain rules to prohibit development that surrounds certain nuisances determined by the TDHCA. These features include proximity to junkyards, waste facilities, heavy industrial… etc. The undesirable site features also include sites within 500 ft. of active railroad tracks. Two properties in this year’s applications for 9% HTC’s fit this criteria:
- McKee City Living located at 600 block of McKee St in District C is a proposed 144-unit development for families. The applicant is McKee City Living, LP.
- Somerset Lofts located at 8506 Hempstead Rd in District H is a proposed 120-unit development for families. The applicant is DWR Somerset 18 LP.
Based on the noise mitigation to be undertaken by the developer if awarded HTC’s and the City’s need for affordable housing for families, HCDD recommends that Council approve the resolution allowing construction of this property. This resolution must be submitted with the Resolution of Support previously approved for the applicant, and is due to TDHCA by March 1, 2018.
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Tom McCasland, Director