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HomeMy WebLinkAboutResolution 3591-03-2008A Resolution NO 3591-03-2008 SUPPORTING A LOW INCOME HOUSING TAX CREDIT APPLICATION FOR WIND RIVER APARTMENTS WHEREAS, the City of Fort Worths 2007 Comprehensive Plan is-supportive of the preservation, improvement, and development of quality affordable housing; and, WHEREAS, the Fort Worth Housing Authority ("FWHA ') has a goal to improve the quality of housing for its residents and to increase the number of quality affordable housing units for low income residents of the City of Fort Worth ("City") and, WHEREAS, on August 9 2001 the City Council passed Resolution No 2760 to include support for FWHA s Redevelopment Plan for the replacement of Ripley Arnold housing amts m the City's Consolidated Plan mcludmg giving highest priority to Low Income Housing Tax Credit ("LIHTC") applications developed by FWHA, and, WHEREAS, FWHA has been successful m locating mixed income and quality affordable housing m various City neighborhoods gaming the support and trust of Crty citizens and neighborhoods, and, WHEREAS, FWHA has utilized various funding sources, mcludmg LIHTC from the Texas Department of Housing and Community Development ("TDHCA '), to provide quality affordable housing; and, WHEREAS, FWHA through its affiliate, Trinity Quality Housing L.P has applied for a LIHTC award from TDHCA to renovate the Wind River Apartments located at 8725 Calmont Ave, Fort Worth, Texas 76116 and, WHEREAS, Wind River Apartments will have 34 Ripley Arnold replacement units, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT The City of Fort Worth supports the application of the Fort Worth Housing Authority and its affiliate Trinity Quality Housing, L P to the Texas Department of Housing and Community Affairs for Low Income Housing Tax Credits for the purpose of renovation of the Wind River Apartments RESOLUTION NO 3591-03-2008 Adopted this 4th day of March 2008 ATTEST By APPPOVED CITY COUNCIL MAR 0 4 2008 ~~~~ City Secretary of the City of Fort Woxth, Texas