14 & 15 - AFFORDABLE HOUSINGItem Nos. 14 & 15
memorandum
TO: Mayor & City Council
FROM: John Godwin, City Manager
SUBJECT: AFFORDABLE HOUSING
DATE: January 13, 2016
BACKGROUND: State Street Housing is proposing the construction of a new apartment
complex on the north side of east 82 near Reno city limit. The complex plans to use tax credits
to provide affordable housing. Similarly, LW Development is proposing to build 49 single
family homes in the same area under the same tax credit program administered by the Texas
Department of Housing and Community Affairs.
STATUS OF ISSUE: Representatives of the companies will again be present to provide details
and answer questions about their plans and proposals. Such projects must have the support of
the local governing body to receive the tax credits through a resolution approved by the city
council. This will also be an opportunity for the council to receive public input.
BUDGET: NA
RECOMMENDATION: Approve a resolution of support for either, both or neither companies.
Draft
Resolution No.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS IN SUPPORT OF LW DEVELOPMENT, LLC'S
APPLICATION TO THE TEXAS DEPARTMENT OF HOUSING
AND COMMUNITY AFFAIRS (TDHCA), AND THE PROPOSED
DEVELOPMENT OF SADDLEBROOKE ESTATES LOCATED AT
4660 PINE MILL ROAD; APPROVING LW DEVELOPMENT,
LLC'S REQUEST FOR A de minimis CONTRIBUTION FOR
DEVELOPMENT OF SADDLEBROOKE ESTATES; MAKING
OTHER FINDINGS AND PROVISIONS RELATED TO THE
SUBJECT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, LW Development, LLC. has proposed a development for affordable
rental housing to be located at approximately 4660 Pine Mill Road to be named
Saddlebrooke Estates in the City of Paris, Texas; and
WHEREAS, LW Development, LLC. has communicated that it intends to submit
an application to the Texas Department of Housing and Community Affairs (TDHCA)
for the 2016 Housing Tax Credits for Saddlebrooke Estates; and
WHEREAS, in accordance to Section 11.9(d)(2) of the 2016 Qualified
Allocation Plan, the aforementioned application by LW development, LLC. requires a
resolution voted on and adopted by the governing body expressly setting forth that the
City of Paris supports the Application and Development Saddlebrooke Estates located at
4660 Pine Mill Road; and
WHEREAS, LW Development, LLC. has requested a de minimis contribution for
the Saddlebrooke Estates Development as a commitment of Development funding from
the City of Paris, Texas.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PARIS, TEXAS, THAT:
Section 1. The findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. The City Council of the City of Paris, Texas hereby confirms that it
supports the development by LW Development, LLC. of the proposed Saddlebrooke
Estates located at 4660 Pine Mill Road at its regular City Council Meeting on January 25,
2016.
Section 3. That the City Council of the City of Paris hereby approves LW
Development LLC's request for a de minimis commitment.
Section 4. That this resolution shall be effective from and after its date of
passage.
PASSED AND APPROVED this 25th day of January, 2016.
A.J. Hashmi, M.D., Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, Interim City Attorney
Draft
Resolution No.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS IN SUPPORT OF GS PARIS FAMILY, LP'S
APPLICATION TO THE TEXAS DEPARTMENT OF HOUSING
AND COMMUNITY AFFAIRS (TDHCA), AND THE PROPOSED
DEVELOPMENT OF A NEW APARTMENT COMPLEX
LOCATED AT 4800 LAMAR AVENUE; APPROVING GS PARIS
FAMILY, LP'S REQUEST FOR A de minimis CONTRIBUTION
FOR DEVELOPMENT OF A NEW APARTMENT COMPLEX;
MAKING OTHER FINDINGS AND PROVISIONS RELATED TO
THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, GS Paris Family, LP has proposed a development for affordable
rental housing to be located at approximately 4800 Lamar Avenue as a new apartment
complex in the City of Paris, Texas; and
WHEREAS, GS Paris Family, LP has communicated that it intends to submit an
application to the Texas Department of Housing and Community Affairs (TDHCA) for
the 2016 Housing Tax Credits for the development of a new apartment complex; and
WHEREAS, in accordance to Section 11.9(d)(2) of the 2016 Qualified
Allocation Plan, the aforementioned application by GS Paris Family, LP requires a
resolution voted on and adopted by the governing body expressly setting forth that the
City of Paris supports the Application and Development of a new apartment complex
located at 4800 Lamar Avenue; and
WHEREAS, GS Paris Family, LP has requested a de minimis contribution for the
development of a new apartment complex as a commitment of development funding from
the City of Paris, Texas.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PARIS, TEXAS, THAT:
Section 1. The findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. The City Council of the City of Paris, Texas hereby confirms that it
supports the development by GS Paris Family, LP of the proposed new apartment
complex located at 4800 Lamar Avenue at its regular City Council Meeting on January
25, 2016.
Section 3. That the City Council of the City of Paris hereby approves GS Paris
Family, LP's request for a de minimis commitment.
Section 4. That this resolution shall be effective from and after its date of
passage.
PASSED AND APPROVED this 25th day of January, 2016.
A.J. Hashmi, M.D., Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, Interim City Attorney