HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2023-01RESOLUTION NO. FWHFC-2023-01
FORT WORTH HOUSING FINANCE CORPORATION
ADOPTING THE LAS VEGAS TRAIL NEIGHBORHOOD TRANSFORMA TION PLAN
WHEREAS, the Board of Directors of the Fort Worth Housing Finance Corporation (the
"Board"), a Texas housing finance corporation (the "Corporation"), was created with the
purpose, in relevant part, of ensuring that there was quality, decent, affordable housing available
in the City of Fort Worth in order to promote strong, resilient communities; and
WHEREAS, in the late 1970's and 1980's the Las Vegas Trail neighborhood was a
thriving place that many Fort Worth residents called home; and
WHEREAS, in the early 1990's, the Carswell Air Force Base closed, many of the residents
moved away, and the neighborhood transitioned to a distressed condition; and
WHEREAS, inspired by the transformation plan in place in East Fort Worth (Stop Six),
the Corporation, the City of Fort Worth, Fort Worth Housing Solutions, and LVTRise came
together to develop the Las Vegas Trail Transformation Plan ("Plan") for the neighborhood based
on a shared responsibility for implementation; and
WHEREAS, the Plan was researched and created by Interface Studio and was financed by
the Corporation; and
WHEREAS, a large steering committee made up of neighborhood leaders and officials
from schools, utility companies, the City, and non-profit sector gathered together to learn more
about the neighborhood and plan for its improvement; and
WHEREAS, the planning effort included tremendous neighborhood engagement
including surveys, community events, and public presentations; and
WHEREAS, the Plan identifies objectives related to neighborhood improvements,
housing, and support of the residents of the neighborhood; and
WHEREAS, the Plan is currently available online to review at
https://www.fortworthtexas.gov/departments/neighborhoods; and
WHEREAS, Fort Worth Housing Finance Corporation has reviewed the Plan and desires
to adopt the completed plan.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE FORT WORTH HOUSING FINANCE CORPORATION:
THAT the Board approves and adopts the Las Vegas Trail Neighborhood Transformation
Plan as a guide for future decisions related to the redevelopment of the neighborhood.
RESOLUTION NO. FWHFC-2023-01
PAGE 2
2. THAT this Resolution takes effect on the date of its adoption.
AND IT IS SO RESOLVED.
Adopted February 28, 2023.
FORT WORTH HOUSING F1 ANCE CORPORATION
By:
Carlos Flores
President
Attest:
Jannette S. Goodall
Corporate Secretary