Department: Housing and Community Development
Department Head/Elected Official: Thao Costis, Executive Director
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 Support for the Veterans Memorial Village, a 9% Affordable Housing Tax Credit Project located at 11415 Veterans Memorial Dr, Houston, Texas, City of Houston Extraterritorial Jurisdiction, Precinct 1.
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Background and Discussion:
On June 25, 2019, Harris County Commissioners Court approved the 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 Analysis of Impediments (AI) to Fair Housing Choice Plan, which aims to promote and preserve quality affordable housing in the 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 nonobjection 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.
Housing & Community Development (HCHCD) staff reviews the applicant's submission and recommends a resolution of Support or Non-Objection to the Harris County Commissioners Court if all guidelines and criteria are met. It is important to note that a resolution from the local government is not a guarantee of funding...
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