Department: Housing and Community Development
Department Head/Elected Official: Thao Costis, Executive Director HCHCD
Regular or Supplemental RCA: Regular RCA
Type of Request: Tax Credit Application Resolution
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Request Summary (Agenda Caption):
title
Request for approval of a Resolution of Non-Objection & Greater than 20% HTC Units per Total Households in Census Tracts Resolution for The Preserve at Dominion Park 4% Affordable Housing Tax Credit Project.
end
Background and Discussion:
Under the Texas Department of Housing and Community Affairs (TDHCA) Qualified Allocation Plan (QAP), developers are required to request a resolution from the local government expressing support or no objection for their proposed housing development projects. TDHCA awards points for these resolutions as part of the tax credit application process. As per the QAP Local Government Resolution requirements, 9% tax credit applications can request either a resolution of Support or No-objection from Harris County, while 4% tax credit applications can only request a resolution of No-objection.
Housing and Community Development (HCD) Department staff reviews the applicant's submission and recommends a resolution of Support or No-Objection to the Harris County Commissioners Court if all guidelines and criteria are met. However, it is important to note that a resolution from the local government is not a guarantee of funding from Harris County or a tax credit from TDHCA, but rather expresses support or no objection for the proposed development within the jurisdiction.
HCD is requesting approval of a Resolution of Non-Objection & Greater than 20% HTC Units per Total Households in Census Tracts Resolution for The Preserve at Dominion Par...
Click here for full text