Laserfiche WebLink
601 West Fairmont Parkway <br />January 23, 2004 <br />Re: Notification Affordable Housing Tax Credit Pre-Application # 04161 <br />BOARD MEMBERS <br />Elizabeth Anderson, Chair <br />Shadritk Bogany Deaz City Cierk: <br />C. Kent Conine <br />Vidal Gonzalez The purpose of this letter is to notify you, as required by law, that this Department received one or <br />Patrick R. Gordon more applications on January 9, 2004, proposing affordable housing development in your area. A <br />Norberto Salinas summary of the basic development information for the application, or applications, is enclosed. <br />The Texas Department of Housing and Community Affairs (the "Department"), working with private <br />real estate developers, provides high quality, affordable housing opportunities for income qualified <br />Texans. The Department, under the Housing Tax Credit (HTC) Program., aids private developers in <br />building affordable housing using federal tax credits to fund new construction and rehabilitatior. of <br />multifamily residential developments. The value associated with the tax credits allows residencies to he <br />leased to qualified families at affordable rents. <br />The Boazd will make its pi•eliminazy decision concerning the proposed development at its June 20()4 <br />meeting and its final decision at its July 2004 meeting. The exact dates are not yet scheduled. The <br />Department will hold a series of public hearings in April 2004 to gather public comment on the <br />submitted applications. The Department welcomes input on proposed developments at anytime. Early <br />comment is particularly helpful as the Department then has sufficient time to fully consider the input. <br />A timeline and a summary of the basic development information for the submitted application(s) is <br />transmitted with this correspondence: Please note that any announcement regarding further dates or <br />notices concerning the 2004 P.pplication round soil! be posted on our website at <br />www.tdhca.state.tx.us/lihtc.htm. <br />If you have any questions regarding this correspondence or the proposed development, pleas;. do not <br />hesitate to contact the DeparGnent's 2004 Housing Tax Credit Information Officer and Liaison, <br />Jennifer Joyce at 512.475.3995, or by e-mail.at: Jennifer.Joyce@tdhca.state.tx.us. <br />Sincerely, <br />Brooke Boston <br />Brooke Boston <br />Multifamily Finance Production Division Director <br />507 SABINE•SuIT6 400 ^ P.O, BOX 13941 ^ AUSTIN, TEXAS 78711-3941 ^ (512) 475.3800 <br />n i~~nr.~.~:w~i^ise•r <br />EDWINA P. CARRINDTDN La Porte, TX 77571 <br />Executlve Director <br />