The Housing and Community Development Department (HCD) recommends Council approve a Resolution of No Objection for two applicants seeking 4% Housing Tax Credits (HTCs) for the multifamily developments listed below:
TDHCA APP#
|
Development Name
|
Development Address
|
Construction Type
|
Target Population
|
25465
|
Haverstock Hills East
|
5619 Aldine Bender Rd
|
Rehab
|
Family
|
25466
|
Haverstock Hills West
|
5609 Aldine Bender Rd
|
Rehab
|
Family
|
The TDHCA administers the state’s housing tax credit program, which provides federal tax credits to spur the development of quality, affordable housing.
In order to apply for the 4% tax credits, the developer must present a Resolution of No Objection from the governing body of the jurisdiction in which the development is located (including the City’s extraterritorial jurisdiction).
HCD has performed a threshold review and recommends a Resolution of No Objection for the following reasons:
- Haverstock Hills East – preservation of affordable housing
- Haverstock Hills West – preservation of affordable housing
A public hearing on this Resolution was held on August 13, 2025.
___________________________________
Michael Nichols, Director