The Housing and Community Development Department (HCDD) recommends approval of a Resolution of Support for each of the 26 applications in the City of Houston for competitive 9% housing tax credits (HTCs) allocated by the Texas Department of Housing and Community Affairs (TDHCA). Numerous applications will be submitted to TDHCA and the amount of available 9% HTCs is limited. It will not be known which, if any, of these projects will receive HTCs until the end of July 2018 when awards are announced.
Only preliminary information is available regarding the applications and HCDD has not underwritten these projects for financial viability. HCDD reviewed the applications to determine they meet the community development policy objectives of the City and meet certain Minimum Standards. Applications were required to meet a total of 6 points of the criteria outlined below to receive a Resolution of Support.
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Sites located within Houston city limits (this excludes sites located within the Houston ETJ). – 2 points
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Sites located within 4 miles of City Hall – 1 point
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Sites located within the boundaries of a Complete Community. – 2 points
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Sites located within 1 mile of a Complete Community – 1 point
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Sites located within a Concentrated Revitalization Area – 2 points
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Sites located within an underserved area described as the following:
i. Within a census tract that has no other affordable housing development funded with LIHTC – 1 point
ii. Within a census tract if the contiguous census tracts do not have any affordable housing developments funded with LIHTC – 2 points
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Sites that that promote access to mass transportation options described as the following:
i. Sites located within a ¼ mile of any public transportation stop – 1 point
ii.Sites located within a ¼ mile to high frequency public transportation stop. High frequency transit service is defined as service arriving every 15 minutes on average from 6 am to 8 p.m. seven days a week – 2 points
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Sites with reduced poverty concentration described as the following
i. Site census tract is less than 15% - 2 points
ii Site census tract is less than 20% - 1 point
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Sites zoned to and A or B rated school based on Children at Risk rankings
i. Elementary School – 2 points
ii. Middle School – 2 points
iii.High School – 2 points
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Demonstration of community support that the applicant has sought, received and implemented views and recommendations from members of the community regarding the proposed development. - 1 point
Based on these criteria, the projects listed below have achieved the minimum of 6 point threshold and qualify for a Resolution of Support.
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Application Number
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Development Name
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Development Address
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Council District
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Target Population
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10
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18701
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City Park Apartments
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NW corner of W. Orem Drive and US HWY 288
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D
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Family
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12
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18049
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Trinity East
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SWQ of McGowen St and Live Oak St
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D
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Family
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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