HomeMy WebLinkAboutResolution 2760A Resolution
NO
{Priority for FWHA Low Income Tax Credit Applications}
WHEREAS, the City of Fort Worth is supportive of efforts to utilize existing and available
resources in a manner that will provide the best possible housing for the citizens of Fort Worth, and
WHEREAS, the Fort Worth Housing Authority (FWHA) has adopted a Redevelopment Plan to
improve the housing and the quality of life of the residents of the Ripley Arnold Apartments, and
WHEREAS, the Redevelopment Plan calls for the replacement of the housing units at Ripley
Arnold in mixed income apartments; and
WHEREAS, the construction or acquisition of replacement housing units at Ripley Arnold will
require public financial assistance, and
WHEREAS the Texas Department of Housing and Community Affairs (TDHCA) offers Low
Income Housing Tax Credits (LIHTC) that could assist with the financing of Ripley Arnold s
replacement housing units, and
WHEREAS, the City of Fort Worth certifies Consistency of LIHTC applications with the City's
Consolidated Plan and provides letters of support to desirable applications
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCII. OF THE CITY OF
FORT WORTH, that the following paragraph be included in the City of Fort Worth s Consolidated
Plan for 2000-2003 and subsequent years
`The City of Fort Worth supports the Fort Worth Housing Authority s (FWHA) Redevelopment
Plan to improve the housing and the quality of life of the residents of the Ripley Arnold Apartments.
In providing letters of support and Certificates of Consistency with the Consolidated Plan, the City
of Fort Worth will give the highest priority to LIHTC applications developed by or in partnership
with the FWHA.
Adopted this ~~`i' day of ___ ____, 2001
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