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HomeMy WebLinkAboutR23-617375 RESOLUTION NO. R23-617 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS, SUPPORTING THE DEVELOPMENT OF AFFORDABLE RENTAL HOUSING BY KCG NORTHWOODS VILLAGE, LP AND ITS APPLICATION TO THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS FOR HOUSING TAX CREDITS AND REDUCING RELATED CITY ADMINISTRATIVE FEES. WHEREAS, KCG Northwoods Village, LP has proposed a development for affordable rental housing at SEQ Mesa Dr and W 13th St, Plainview, TX 79072 named Northwoods Village in the City of Plainview, Hale County; and WHEREAS, KCG Northwoods Village, LP has advised that it intends to submit an application to the Texas Department of Housing and Community Affairs for 2024 Competitive 9% Housing Tax Credits for Northwoods Village; and WHEREAS KCG Northwoods Village, LP has requested that the City Council find that there is a public purpose in constructing affordable rental housing in the City of Plainview and as such further reduce the administrative fees that would normally be required for this housing development; and WHEREAS, the City Council of City of Plainview finds there is a need for such affordable housing for citizens within the municipal boundaries of the City of Plainview and believes that by the development of such affordable housing to assist persons of low income is in the best interest of the City of Plainview and its citizens; and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS, THAT: 1. The recitals outlined above are, to the best of the knowledge of the City Council, found to be true and correct and are hereby adopted, approved and incorporated herein as though set forth fully herein. 2. The City Council of the City of Plainview, hereby confirms that it supports the proposed Northwoods Village, located at SEQ Mesa Dr and W 13th St, Plainview, TX 79072. 3. Reducing the administrative fee for the Northwoods Village development to $250.00 is in the public interest and is approved. 4. The City Manager is hereby authorized and directed to have the City Secretary certify a copy of this resolution and submit this resolution to the Texas Department of Housing and Community Affairs. Resolution R23-617 Page 1 of 2 376 PASSED AND APPROVED this 14th day of November, 2023. ATTEST: / ')�j /�' Belinda Hinoj , City Secretary Charles Statnes,j Mayor 1 1 Resolution R23-617 Page 2 of 2