2004-04-26 Regular Meeting, Public Hearing, and Workshop Meeting

Browse Search

WWW.TDHCA.STATE.TX.UJ January 23, 2004 ............................................ City Clerk RICK PERRY Martha Gillett Governor 604 W. Fairmont Parkway EDWINA P. CARRINGTON La Porte, TX 77571 Executive Director Re: Notification Affordable Housing Tax Credit Pre-Application # 04077 BOARD MEMBERS Elizabeth Anderson, Chair Shadrick Bogany Deaz City Clerk: C. Kent Conine Vidal Gonzalez The purpose of this letter is to notify you, as required by law, that this Department received one or Patrick R. Gordan more applications on January 9, 2004, proposing affordable housing development in your area. A Norberto Salinas summary of the basic development information for the application, or applications, is enclosed. el The Texas Department of Housing and Community Affairs (the "Depaztment"), working with private real estate developers, provides high quality, affordable housing opportunities for income qualified Texans. The Department, under the Housing Tax Credit (HTC) Program, aids private developers in building affordable housing using federal tax credits to fund new construction and rehabilitation of multifamily residential developments. The value associated with the tax credits allows residences to be leased to qualified families at affordable rents. The Board will make its preliminary decision concerning the proposed development at its June 2004 meeting and its final decision at its July 2004 meeting. The exact dates are not yet scheduled. The Department will hold a series of public hearings in Apri12004 to gather public comment on the submitted applications. The Department welcomes input on proposed developments at anytime. Early comment is particularly helpful as the Department then has sufficient time to fully consider the input. A timeline and a summary of the basic development information for the submitted application(s) is transmitted with this correspondence. Please note that any announcement regarding further dates or notices concerning the 2004 Application round will be posted on our website at www.tdhca.state.tx. us/lihtc.htm. If you have any questions regazding this correspondence or the proposed development, please do not hesitate to contact the Department's 2004 Housing Tax Credit Information Officer and Liaison, Jennifer Joyce at 512.475.3995, or by a-mail at: Jennifer.Joyce@tdhca.state.tx.us. Sincerely, Brooke Boston Brooke Boston Multifamily Finance Production Division Director s07 SAB[NE-SUITE 400 P. O. BOX 13941 ^ AuSTiv, TEXAS 78711-3941 ^ (512) 475-3800 i~ Pdxrrd nn myf4Aprpr.