HomeMy WebLinkAboutRES 021015-L - Housing Tax Cred NW AptsA Resolution of the City Council of the City of Georgetown, Texas approving a Housing
Tax Credit Program proposal with HVM 2015 Georgetown, Ltd., for the development
named Northwest Apartments located at 1623 Northwest Boulevard, Georgetown, Texas
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Whereas, HVM 2015 Georgetown, Ltd. has proposed a development for affordable rental housing at 1623
Northwest Boulevard Georgetown TX 78628 named Northwest Apartments in the City of Georgetown,
and
Whereas, HVM 2015 Georgetown, Ltd. has communicated that it intends to submit an application to the
Texas Department of Housing and Community Affairs (TDHCA) for 2015 Housing Tax Credits or Private
It is hereby RESOLVED, that as provided for in 10 Texas Administrative Code §11.3(b), it is expressly
acknowledged and confirmed that the City of Georgetown 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 hereby supports Northwest Apartments, and confirms
that its governing body has voted specifically to approve the construction of the Development and to
authorize an allocation of Housing Tax Credits for the Development pursuant to Texas Government Code
FURTHER RESOLVED that for and on behalf of the Governing Body, Dale Ross, Mayor of Georgetown is
hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of
Housing and Community Affairs
Jessie oeBr;vtttle-
City e tary
7A7OV.ED AS TO
Bridget Chapmw
City Attorney
THE CITY OF GEORGETOWN:
Dale Ross
Mayor
Resolution Number- 10A 101 Sn-L, Page 1 of 1
Description- HVM 2015 Georgetown 2 times Housing Tax Credit supporj
Date Approved: Feq'?'fky joCW15"