Department: Housing and Community Development
Department Head/Elected Official: Thao Costis, Executive Director
Regular or Supplemental RCA: Regular RCA
Type of Request: Discussion Item
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 recommendations of options to increase and preserve meaningfully affordable housing in the Hardy Downtown Connector project in connection with Harris County Toll Road Authority (HCTRA), and the March 27, 2024 Commissioners Court action.
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Background and Discussion:
On the March 27, 2024, Commissioners Court, in a motion made by Commissioner Ellis and seconded by Commissioner Briones, directed the Harris County Toll Road Authority (HCRTA) to work with the County Attorney's Office and the Housing and Community Development Department to assess and determine options to increase and preserve meaningfully affordable housing in the Hardy Downtown Connector project area and return with initial recommendations at the April 23, 2024, Commissioners Court.
The Hardy Downtown Connector and associated acquisition and planned construction displaced residential structures in the project service area including Near North Side, Greater Fifth Ward and Kashmere Gardens. As a result, HCTRA will make an investment to support the development of affordable housing in the impacted project area. The Housing and Community Development Department proposes the following options for consideration:
* Initiate a budget transfer from the Harris County Toll Road Authority (HCTRA) to either:
1. the Housing and Community Development Department (HCD) OR
2. Harris County Housing Finance Corporation (HCHFC)
* Following the budget transfer, HCHFC or HCD will secure a broker to identify land p...
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