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<br /> <br />RICK PERRY <br /> <br />Corernor <br /> <br />EDWINA P. CARRINGTON <br />E.:eClltire Director <br /> <br />BOARD MEMBERS <br />Elizabeth Anderson, Chair <br />Shadrick Bogany <br />C. Kent Conine <br />Vidal Gonzalez <br />Patrick R. Gordon <br />Norberto Salinas <br /> <br />TEXAS <br /> <br />DEPARTMENT OF HOUSING <br />AND COMMUNITY AFFAIRS <br /> <br />j I <br />L I <br /> <br />WWW.TDHCA.STATE.TX.US <br /> <br />January 23, 2004 <br /> <br />City Clerk <br />Martha Gillett <br />604 W. Fairmont Parkway <br />La Porte, TX 77571 <br /> <br />Re: Notification Affordable Housing Tax Credit Pre-Application # 04077 <br /> <br />Dear City Clerk: <br /> <br />The purpose of this letter is to notify you, as required by law, that this Department received one or <br />more applications on January 9, 2004, proposing affordable housing development in your area. A <br />summary of the basic development information for the application, or applications, is enclosed. <br /> <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 rehabilitation of <br />multifamily residential developments. The value associated with the tax credits allows residences to be <br />leased to qualified families at affordable rents. <br /> <br />The Board will make its preliminary decision concerning the proposed development at its June 2004 <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 Application round will be posted on our website at <br />www.tdhca.state.tx.us/lihtc.htm. <br /> <br />If you have any questions regarding this correspondence or the proposed development, please do not <br />hesitate to contact the Department's 2004 Housing Tax Credit Information Officer and Liaison, <br />Jennifer Joyce at 512.475.3995, or bye-mail at:jennifer.joyce@tdhca.state.tx.us. <br /> <br />Sincerely, <br /> <br />$rooR! $oston <br /> <br />Brooke Boston <br />Multifamily Finance Production Division Director <br /> <br />;07 SABIl\E-SUITE 400 · Po. Box 13941 · ALlSTIN, TEXAS 78711-3941 . (;12) 475-3800 <br /> <br />,;j Jlrinud on r{,'C'Idt'd pdper <br />