HomeMy WebLinkAboutResolution 3592-03-2008A Resolution
NO 3592-03-2008
SUPPORTING A LOW INCOME HOUSING TAX CREDIT APPLICATION FOR
LINCOLN TERRACE 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 Crty of Fort Worth ("City") and,
WHEREAS, FWHA has been successful m locating mixed income and quality affordable
housing m various City neighborhoods gaimng the support and trust of City citizens and neighborhoods,
and,
WHEREAS, FWHA has utilized various funding sources, including Low Income Housing Tax
Credits ("LIHTC") from the Texas Department of Housing and Community Affairs ("TDHCA '), to
provide quality affordable housing; and,
WHEREAS, FWHA through its affiliate, Lincoln Terrace, L.P has applied for a LIHTC award
from the TDHCA to reconstruct the Lincoln Terrace Apartments located at 4714 Horne Street, Fort
Worth, Texas 76107
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 Lincoln Terrace L P to the Texas Department of Housing and
Community Affairs for Low Income Housing Tax Credits for the purpose of reconstructing
the Lincoln Terrace Apartments
Adopted this 4th day of March 2008
APPROVE D
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