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 or no objection for the proposed development within the jurisdiction.

 

The Housing and Community Development Department (HCD) is requesting approval of a Resolution of No-Objection for the Enclave at Louetta 4% Multi-family Tax Credit Affordable Housing Project. The project has met the guidelines and policy criteria set forth by the resolution request policy and criteria. The project is located in the City of Houston's Extra-Territorial Jurisdiction (ETJ), and the developer will also request a resolution of non-objection from the City of Houston as part of their tax credit application requirement (TDHCA). HCD recommends that the Harris County Commissioners Court approve the resolution of no-objection for this project

 

Expected Impact:

Approving the resolution of non-objection for this project will satisfy the TDHCA QAP tax credit application requirement for the developer to seek local government support for the project and increase the likelihood that this project will receive appropriate financing to provide additional opportunities for quality and affordable housing in Harris County. No fiscal impact to the County is anticipated.

 

Alternative Options:

If the resolution of no-objection is not approved, it will deny the proposed development the necessary support and reduce the chance of the 4% HTC application to TDHCA receiving a tax credit, ultimately reducing the likelihood of the proposed affordable housing units being constructed.

 

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

 

 

 

 

Location:

Address (if applicable): 2324 Louetta Rd, Spring, TX, 77388, Houston ETJ, Precinct 3

Precinct(s): Precinct 3

 

Fiscal and Personnel Summary

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Additional Budget Request (Requires Fiscal Review Request Form)

 

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Personnel (Fill out section only if requesting new PCNs)

 

Current Position Count for Service

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Anticipated Court Date: 10/29/2024

 

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, Executive Director HCHCD or Walter McLendon Peacock, Assistant Director of Planning

 

Attachments (if applicable): Resolution of No-Objection (3 copies; one (1) for court records and return the

other two (2) to HCD); Resolution Request Supporting Documents from Developer (Request letter, Community

Summary, Maps, Community Support Letters)