Legislation Details

File #: 24-6673    Version: 1 Name:
Type: Tax Credit Application Resolution Status: Passed
File created: 10/15/2024 In control: Commissioners Court
On agenda: 10/29/2024 Final action: 10/29/2024
Title: Request for approval of a Resolution of No-Objection for the Enclave at Louetta 4% Affordable Housing Tax Credit Project.
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 No-Objection for the Enclave at Louetta 4% Affordable Housing Tax Credit Project.
end

Background and Discussion:
On June 25, 2019, the Harris County Commissioners Court approved the HCHCD Multi-family Rental Housing and Tax-Credit Application Review and Resolution Request Policy and Criteria. These guidelines align with the goals of the Harris County Consolidated Plan and Fair Housing Assessment, which aims to promote and preserve quality affordable housing in the Harris County.

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 Non-objection from Harris County, while 4% tax credit applications can only request a resolution of Non-objection.

HCD 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...

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