HomeMy WebLinkAboutResolution 3055
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A Resolution
NO `~~~J.~J
ENDORSEMENT OF 2004 LOW INCOME HOUSING TAX CREDIT APPLICATION FOR
THE SAMARITAN VILLAGE PROJECT
WHEREAS, Hemphill Samaritan, L.P ("Developer") is appl}nng for housing tax credits from
the Texas Department of Housing and Community Affairs ("TDHCA'} for the Samaritan Village
Project ("Project") m 2004 and
WHEREAS, the Project will rehabilitate Samaritan House s current sixty-unit single room
occupancy residential facility and construct new facilities to provide a mix of one hundred and twenty
six (126) one, two and three-bedroom residential units m the immediate vicinity of Samaritan House s
current location, 929 Hemphill Avenue• and
WHEREAS, all of the residential units in the Project will be available to clients with incomes at or
below 80% of the Area Median Family Income as established by the U.S. Department of Housing and Urban
Development; and
WHEREAS, on February 26 2004 the Housing and Workforce Development Committee
("HWDC") of the City Council ("Council ') recommended that Council favorably endorse Developer's
housing tax credit application to TDHCA, with the condition that Developer will work with Council,
area neighborhood associations and community-based organizations to modify the Project design, and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS THAT
The facts and recitations contained m the preamble of this Resolution are hereby found and
declared to be true and correct.
2. Based upon the assurances made by the Developer that it will work with the Fort Worth City
Council, area neighborhood associations and community-based organizations to modify the Project
design, the City of Fort Worth supports Developer's housing tax credit application to TDHCA for the
Prod ect.
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Adopted this ~J___ day of _ ~~Y _i~______ 2004
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