Department: Community Services
Department Head/Elected Official: Thao Costis, Interim Executive Director
Regular or Supplemental RCA: Regular RCA
Type of Request: Policy
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 policy related to exemptions of ad valorem taxation for certain multifamily rehabilitation or construction project properties and to work with relevant departments on guidelines associated with the policy to be submitted by August 29, 2023.
end
Background and Discussion:
On April 4, 2023, Commissioners Court directed several county departments, including the Community Services Department (CSD), to establish a policy related to the approval of tax exemptions for certain low-income housing projects, as described by Texas Tax Code, Section 11.1825. CSD, along with other county departments, has since developed the proposed policy to begin the process of providing such exemptions to certain multifamily rehabilitation or construction projects.
Passing this policy will contribute to making projects adding affordable housing units to the county’s housing stock more financially feasible for certain organizations, thereby contributing to the housing unit development goals stated in the My Home is Here study.
CSD will partner with relevant departments and precinct offices to develop specific criteria and guidelines associated with the policy to be completed by August 29, 2023.
Expected Impact:
This policy will have a fiscal impact on the County’s General Funds that will vary each fiscal year, depending on a determination made by the Office of Management and Budget (OMB). For the current fiscal year, OMB is submitting its own proposal to be approved by Commissioners Court.
Alternative Options:
Not passing this policy will maintain financial barriers to constructing or rehabilitating multifamily low-income housing units in a time where demand for such housing is extremely high.
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
X Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
_ Governance and Customer Service
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
4/4/2023 |
293 |
Direct CSD and other departments to create policy |
|
6/27/2023 |
301 |
Update on policy |
Location:
Address (if applicable): N/A
Precinct(s): Choose an item.
|
Fiscal and Personnel Summary |
|
Service Name |
|
|
|
FY 23 |
FY 24 |
Next 3 FYs |
|
Incremental Expenditures (do NOT write values in thousands or millions) |
|
Labor Expenditures |
$ |
$ |
$ |
|
Non-Labor Expenditures |
$ |
$ |
$ |
|
Total Incremental Expenditures |
$ |
$ |
$ |
|
Funding Sources (do NOT write values in thousands or millions) |
|
Existing Budget |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$ |
$ |
|
Additional Budget Requested |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Total Additional Budget Requested |
$ |
$ |
$ |
|
Total Funding Sources |
$ |
$ |
$ |
|
Personnel (Fill out section only if requesting new PCNs) |
|
Current Position Count for Service |
- |
- |
- |
|
Additional Positions Requested |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
Anticipated Court Date: July 18, 2023
Anticipated Implementation Date (if different from Court date): N/A
Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item
Contact(s) name, title, department: Thao Costis, Interim Executive Director, HCCSD
Attachments (if applicable): Policy