The Housing and Community Development Department (HCDD) recommends approval of a Priority Resolution for one application in the City of Houston for competitive 9% housing tax credits (HTCs) allocated by the Texas Department of Housing and Community Affairs (TDHCA). Applications may receive additional points if the development is located in a distinct area that was once vital and has lapsed into a situation requiring concerted revitalization, and where a concerted revitalization plan has been developed and executed (Concerted Revitalization Area). These may include previously identified revitalization areas identified by the city (e.g. DR2 Revitalization Plan areas) or Tax Increment Reinvestment Zone (TIRZ).
Within the application, the development must be identified in a resolution contributing more than any other to the concerted revitalization efforts of the municipality (“Priority Resolution”). Several competing applications were submitted in the same CRA. HCDD evaluated a number of factors in making its determination as to which application will receive a Priority Resolution. These factors are not listed in any particular order and will be reviewed on a combined basis.
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The development selected to receive HCDD competitive funds (HOME, CDBG, TIRZ) by HCDD
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Poverty concentration of census tract within competing sites. Lower poverty concentration will prioritize an application.
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Elementary, Middle and High School ratings of competing sites as assessed by Children at Risk. Higher ranking of schools will prioritize an application.
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Access to public transportation.
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Proposed development is Permanent Supportive Housing and/or housing serving of special needs populations
The following applications were selected to receive a Priority Resolution within each Concerted Revitalization Area.
Application Number
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Development Name
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Development Address
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Council District
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Concerted Revitalization Area
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18333
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Fulton Lofts
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SW Corner of Fulton St and Robert Lee Rd
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H
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Near Northside
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The details of this request were presented to the Housing and Community Affairs Committee on January 31, 2018.
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Tom McCasland, Director