HomeMy WebLinkAboutRES 071216-L-1 - Oaks Housing Tax Cred 2XRESOLUTION NO. a-N.IIP-L- I
A Resolution of the City Council of Georgetown, Texas, acknowledging that
Georgetown has more than 2 times the state average per capita Housing Tax
Credit units for 2016 Housing Tax Credits by Oaks Georgetown AR, LP, for the
development named Oaks at Georgetown, to the Texas Department of Housing
and Community Affairs to rehabilitate existing affordable rental housing and
declaring and effective date
WHEREAS, Oaks Georgetown AR, LP has proposed a development for affordable rental
housing at 550 West 22nd Street named Oaks at Georgetown in the city of Georgetown,
Williamson County; and
WHEREAS, Oaks Georgetown AR, LP has communicated that it intends to submit an application
to the Texas Department of Housing and Community Affairs (TDHCA) for 2016 Housing Tax
Credits or Private Activity Bonds for Oaks at Georgetown.
It is hereby
RESOLVED, that as provided for in §11.3(b) of the Qualified Allocation Plan, it is expressly
acknowledged and confirmed that the city of Georgetown in Williamson County has more than
twice the state average of units per capita supported by Housing Tax Credits or Private Activity
Bonds and
FURTHER RESOLVED, that the city of Georgetown in Williamson County hereby supports the
proposed Oaks at Georgetown and confirms that its governing body has voted specifically to
approve the rehabilitation of the Development and to authorize an allocation of Housing Tax
Credits for the Development pursuant to Texas Government Code §2306.6703(x)(4), and
FURTHER RESOLVED that for and on behalf of the Governing Body, Dale Ross, Mayor is hereby
authorized, empowered, and directed to certify these resolutions to the Texas Department of
Housing and Community Affairs, on the 12th day of July 2016.
ATTEST:
J
Shelley Now
City Secretary
APPROVE AS TO FORM:
Charlie McNabb
City Attorney
THE CITY OF GEORGETOWN:^^
Dale Ross
Mayor
Resolution Number: o-llalle- L- I Page 1 of 1
Description: Oaks at Georgetown 4% Housing Tax Credit 2x resolution
Date Approved: July 12, 2016