The URL can be used to link to this page

Home My WebLink About26-0020 (REVISED) - 2026-02-03 - Informal ReportINFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 1 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS The purpose of this Informal Report is to summarize the applications received for Resolutions of Support for 9% Housing Tax Credit (HTC) applicants and provide a recommendation of which developments qualify for a resolution and a letter of commitment of development funding under the City's current Housing Tax Credit Policy. On November 11, 2025, the City Council adopted the 2026 Housing Tax Credit Policy (M&C 25-1035), setting forth the requirements for developers to receive a Resolution of Support or a Resolution of No Objection from the City of Fort Worth. A resolution passed by the governing body in which the proposed development is to be located is a required component for the application for HTCs through the Texas Department of Housing and Community Affairs (TDHCA) for both competitive (9%) and non-competitive (4%) applications. The due date for applications to the City for a Resolution of Support was January 6, 2026. Thirteen applications for Resolutions of Support were received and evaluated by City staff. City Staff determined that four of the thirteen applications meet the criteria to qualify for a Resolution of Support as well as a letter committing development funding in the form of fee waivers. Nine of the thirteen applications tentatively met the requirements pending confirmation a community information session was held by January 30, 2026. On January 21, 2026 the application for Shilo at Diamond Hill was withdrawn at the request of the developer, O-SDA Industries, citing a preference to focus on the Irma Park development. The following table summarizes the applications received as well as staffs recommendations on which applications to provide the Resolution of Support: Development Bryson Villas Cedar Ridge Residences Everman Estates Everman Senior Living Irma Park McCart Meadows Senior Living Palladium Legacy Drive Pioneer Crossing Ridglea Hills Hallmark Address 8640 Bryson Ln. 265 Bridgewood Dr 8932 Balch St. 1700 Everman Pkwy 1519 Circle Park Blvd.. 7100 McCart Ave. 9750 Legacy Dr. 1550 Everman Pkwy 6728 W. Vickery Blvd. CD Units Population Tax Zoning Resolution Exempt Change Type 7 75 Family No Yes Support* 5 70 Family No No Support 8 70 Senior No No Support* 8 72 Senior No No Support 2 84 Senior No Yes Support* 6 68 Senior No No Support 7 90 Family No No Support* 8 86 Senior No No Support 3 60 Senior No No Support* Shilo at Diamond Hill 1301 NE 35t" St. 2 70 The Thompson 4385 Thompson Rd. 4 55 The View at Alta Mesa 3025 Alta Mesa Blvd. 6 72 The View at 900 Bridgewood Dr. 5 90 Bridgewood *Pending completion of the conuuunity information session requirement. Family No No Withdrew Family No No Support* Family No No Support* Family No No Support* ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 2 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS An M&C detailing each of the qualifying developments and the accompanying resolutions is scheduled for the February 10, 2026 City Council meeting. For any questions, please contact Kacey Thomas, Neighborhood Services Department Director, at Kacey.Thomas@fortworthtexas.gov. Jesus "Jay" Chapa City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 3 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Dlzbid 4 astrscl 9 �' D�s[rfct9 � astral 11 Di91hd 2 DISTRICTS � O+atricr 5 Dlamd 3 DBtrid 10 Distrid 7 1. Bryson Villas 2, The Thompson 3. McCart Meadows 4. Vlew at Brrdgewood 5, Rldglea HMIs 6, Palladium Drive 7. Pioneer Crossing 8. View at Altamesa 9. Everman Estates 10. Everman Senior Living 11. Irma Paris 12, Cedar Ridge Estates 2026 9% HTC Proposed Development Applications FORT WORTH. 2 a s! ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 4 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Bryson Ir iI 8640 Bryson Lane, Fort Worth, Texas ICh0d&mPMrIIn_ l"�` - f3f:Wrrynf:Y-T 0 275 550 1AD0 1,650 2,204) Feet P-0 OMM Council District 7 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 r a To the Mayor and Members of the City Council February 3, 2026 Page 5 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Cedar Ridge Residences 6500 Randol Mill Lane, Fort Worth, Texas FORT WORTH, 0 120 240 48) (20 96 Council District 5 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 6 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Evc,-7ian Estates 8932 Bal Ji 5tre-et, curt 'north, Texas Council DisMct 8 )k 1,7ne 2,550 3,400 _ Feet ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 7 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Everman Senior Living 1700 Everman Parkway, Fort Worth, Texas FORT WORT • 1% U 2 - 8 6O 1.290 1.720 EK- � i Feet ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) To the Mayor and Members of the City Council February 3, 2026 }4 Page 8 of 15 r�rA SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT 107� FOR 9% HOUSING TAX CREDIT APPLICANTS Irma Park 1819 Circle Park Boulevard, Fort Worth, Texas 0 115 234 460 694 92ii Feet ISSUED BY THE CITY MANAGER Council District 2 FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 9 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS McCart Meadows 7100 McCart Avenue, Fort Worth, Texas Council District 6 FORT WORTH. 0 125 250 500 75C ",(xxi Fc-i ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 10 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Palladium Legacy Drive 9750 Legacy Drive, Fort Worth, Texas FORT WORTM3, Council District 7 12 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 11 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Pioneer Crossing 1550 Everman Parkway, Fort Worth, Texas Fj� FORT WORTH. 0 245 490 98C 1 .,1' .) 1.u60 Fort N jk ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 12 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS Ridglea Hills 6728 W Vickery. Fart Wurth, Texds FU R'I' NN'U R'T }-I Council District 3 0 190 380 76;: ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS t .• • !� r r �..`r440 ? r %-" Q � r i y Iliad Blv77� .a A4 1.. •4T �� . r INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 14 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS View at Altlamesa 3025 Alltamesa Blvd, Fort Worth, Texas 130 2ff) 1.121 780 1.040 Feet Council District 6 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0020 (REVISED) G�PRT�A rF rn IS7T6 To the Mayor and Members of the City Council February 3, 2026 Page 15 of 15 SUBJECT: 2026 RECOMMENDATIONS FOR RESOLUTIONS OF SUPPORT FOR 9% HOUSING TAX CREDIT APPLICANTS View at Bridgewood 900-944 Bridgewood Drive, Fort Worth, Texas Council District 5 FORT WORTH .� 0 275 550 1 , 1(n 651l ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS