Loading...
HomeMy WebLinkAboutResolution 5947-05-2024A Resolution NO.5947-05-2024 ACKNOWLEDGING AN INCREASE IN THE NUMBER OF AFFORDABLE RENTAL HOUSING UNITS IN THE DEVELOPMENT NAMED HUGHES HOUSE 11 LOCATED AT 1401 ETTA STREET IN THE CITY OF FORT WORTH WHEREAS, the City of Fort Worth's 2023 Comprehensive Plan is supportive of the preservation, improvement, and development of quality, affordable, accessible rental and ownership housing; WHEREAS, the City of Fort Worth's 2023-2027 Consolidated Plan makes the development of quality, affordable, accessible rental housing units for the City' s Iow-income residents a high priority; WHEREAS, the City Council of the City of Fort Worth ('City' ), on February 13, 2024, authorized a resolution (Resolution No. 5893-02-2024) stating that the City has no objection to the construction of the affordable housing development named Hughes House II (the "Project"), located at 1401 Etta Street in the City of Fort Worth, which will provide units affordable to households with incomes at or below seventy percent (70%) of Area Median Income; WHEREAS, the developer of the Project initially proposed the new construction of 278 multifamily affordable rental housing units; WHEREAS, the developer of the Project is now proposing to increase the number of housing units from 278 to 302; WHEREAS, the Texas Department of Housing and Community Affairs' Qualified Allocation Plan states that the governing body must be notified if information contained in the initial application for non-competitive housing tax credits changes; and WHEREAS, the City wishes to supplement Resolution No. 5893-02-2024 through this Resolution to acknowledge the increase in the number of affordable housing units. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: I. The City acknowledges that the number of units in the Project will increase from 278 to 302. K The City does not object to the change in the number of units and continues to have no objection to the application previously supported by Resolution No. 5893-02-2023 for the development of Hughes House II.�,��,,, Adopted this 14' day of May 2024. ATTEST: Jannette S. Goodall, City Secretary