Earlier this month the city council's Housing Committee was told during this briefing the Texas Department of Housing & Community Affairs doesn't have much coin to spare this year when it comes to doling out its Low Income Housing Tax Credits -- just $7.6 million total for a region spanning Dallas, Denton, Collin, Tarrant and Grayson counties, down from the already-not-much $9.1 million dispensed last year. (Says the TDHCA, there's only $44 mil in credits go around ... the entire state.) Which is bad news for the nine projects that have come to City Hall asking for their share of the shrinking pie. Far as City Hall's concerned, the region may see four, five projects get some of those HTCs; Dallas, one or two "at the most."
Which ones? Hard to say: City staff hasn't yet ranked the projects. But it has rated them based on a 25-point checklist approved by council four years ago, which includes such questions as, "Does the project fit in the City's priorities?" and "Has the City already provided financial assistance?" and "Does the project eliminate slum or blight?"
And so, tomorrow the Housing Committee will review staff's recommendations, which include a thumbs-up for Jack Matthews's 1400 Belleview on Browder, which last year received a TIF allotment of $1.65 million; Larry Hamilton and John Greenan's Cadillac Apartment on Cadiz and S. Ervay in the shadow of City Hall; First Presbyterian's Evergreen Residences at nearby 1701 Canton; and Frazier Revitalization's Hatcher Square at Scyene and Hatcher, which is being spearheaded by Jon Edmonds.
The other five -- Buckner Retirement Village, Haven Cove, Lawnview Cottages, The Vistas at Wonderview and Kleberg Commons -- didn't receive sign-offs from city staff for myriad reasons, chief among them: "Do not recommend support as project is not part of the Southern Dallas Economic Growth Plan and City funding is limited." City officials say this afternoon that, sure, we've only known about "GrowSouth" for a week or so. But discussions about Mayor Mike Rawlings's plan have been taking place internally for a good, long while. As you can see here.
Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.