Economic Vibrancy

Transcription

KEY FOCUS AREA:Economic VibrancyAGENDA DATE:November 10.2008COUNCIL DISTRICT(S):7DEPARTMENT:HousingCMO:A. C. Gonzalez, 671-8925MAPSCO:56CSUBJECTA resolution declaring 2 properties unwanted and unneeded and authorizing theirconveyance by Deed without Warranty to Kaminski Holdings, Inc., for 10 and provisionof a parking lot on the properties for a mixed-use development adjacent to theproperties within 3 years of execution of the deed (list attached) - Financing: No costconsideration to the CityBACKGROUNDThis item will declare 2 properties acquired by the City with Community DevelopmentBlock Grant Funds unwanted and unneeded and authorize their conveyance for lessthan fair market value to Kaminski Holdings, Inc. (Kaminski). Kaminski will seek toreplat the property and develop a parking lot on the property for a mixed-use buildingadjacent to the property. This economic development project is a neighborhood servingretailioffice and rental housing development. At the southeast corner of Bexar Streetand Macon Street, a two-story building will be developed containing a total ofapproximately 15,000 sq. ft. including approximately 7,500 sq. ft. of ground levelcommercial/retail space and a minimum of 7 affordable residential rental units on thesecond floor, Construction of the parking lot for the mixed-use building will requiresuccessful replats of the property by Kaminski. Approval to sell Kaminski the propertydoes not constitute approval of replatting, which approval may be granted or withheld.The construction of the mixed-use development and parking lot shall be completedwithin three (3) years from the execution date of the Deed without Warranty for the 2properties. The deed restrictions requiring affordable rental housing for low andmoderate income persons will remain in effect for 5 years after initial occupancy.PRIOR ACTlONfREVlEW (COUNCIL, BOARDS, COMMISSIONS)This item has no prior action

FISCAL INFORMATIONNo cost consideration to the CityMAPAttachedAgenda Date 11110/2008 - page 2

Bexar Street Mixed Use LotsParcelNo.1.2.Address2510 Macon Street2511 Starks AvenueDCADAmount 19,370 41000VacanffimprovedImprovedVacant

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COUNCIL CHAMBERNovember 10.2008WHEREAS, the City of Dallas acquired the tracts of land identified by legal description("Property") on Exhibit " A . attached hereto and made a part hereof; andWHEREAS, as authorized by Section 272.001(i) of the Texas Local Government Code,the City desires to sell the Property to a developer for the development of a parking lotfor a mixed-use building as a neighborhood serving retailloffice and rental housingdevelopment including "affordable rental housing" on the second floor for low andmoderate income persons as those terms are defined for the purposes of this resolutionin Section 2-26.5 of the Dallas City Code ("Code"); andWHEREAS, on June 28, 2006, by Council Resolution No. 06-1739, the City Counciladopted the FY 2006-07 Consolidated Plan Budget which included 3,300,000 ofSection 108 lntown Program Income to be used for eligible Housing Programs; andWHEREAS, on November 8: 2006, by Council Resolution No. 06-3435, the City Councilapproved the final FY 2006-07 Consolidated Plan Reprogramming Budget # I whichauthorized 1,350,000 to be used for Southern sector housing projects and this fundingwas used by the City to acquire the 2 properties for the development; andWHEREAS, the Deed without Warranty to this Property will contain:( ? ) a requirement that the purchaser seek to replat the Property (as defined in Exhibit"A") within twelve months of execution of the Deed without Warranty, which consentmay be withheld,(2) a requirement that within three (3) years of execution of the Deed without Warranty,the purchaser develop the Property with a parking lot for a building containingapproximately 15,000 sq. ft, with approximately 7,500 sq. ft. as commerciallretail spaceon the first floor and affordable rental housing for low and moderate income householdswith a minimum of 7 units on the second floor of the building,(3) a requirement that within three (3) years of execution of the Deed without Warranty,the purchaser of the Property shall secure occupancy of the 7 affordable rental housingunits on the second floor of the developed 15,000 sq. ft. building by low to moderateincome households (households whose incomes are less than 80% of the area medianincome) ,(4) deed restrictions on the Property, acceptable to the City, requiring the 7 rental unitson the second floor of the 15,000 sq. ft. building to remain affordable to low andmoderate income households for 5 years after initial occupancy, and(5) a right of reverter to be exercised by the City if the requirements of the Deed withoutWarranty are not met: andWHEREAS, The City Council desires to declare 2 properties shown on Exhibit "A"unwanted and unneeded and authorize their conveyance to Kaminski Holdings, Inc.(Kaminski) ("Purchaser") for 10 and the provision of a parking lot on the Property;

COUNCIL CHAMBERNovember 10,2008NOW, THEREFORE; BE IT RESOLVED B Y THE ClTY COUNCIL OF THE ClTY OFDALLAS:SECTION I.That the Property identified on Exhibit " A is declared unwanted andunneeded by the City Council.SECTION 2. That the Deed without Warranty to the Property will contain:(1) a requirement that the purchaser seek to replat the Property (as defined in Exhibit"A';) within twelve months of execution of the Deed without Warranty, which consentmay be withheld,(2) a requirement that within three (3) years of execution of the Deed without Warranty,the purchaser develop the Property with a parking lot for a building containingapproximately 15.000 sq. ft. with approximately 7,500 sq. ft. as commercial/retail spaceon the first floor and affordable rental housing for low and moderate income householdswith a minimum of 7 units on the second floor of the building,within three (3) years of execution of the Deed without Warranty,(3) a requirement that within three (3) years of execution of the Deed without Warranty,the purchaser of the Property shall secure occupancy of the 7 affordable rental housingunits on the second floor of the developed 15,000 sq. ft. building by low to moderateincome households (households whose incomes are less than 80% of the area medianincome),(4) deed restrictions on the Property, acceptable to the City, requiring the 7 rental unitson the second floor of the 15,000 sq. ft. building to remain affordable to low andmoderate income households for 5 years after initial occupancy, and(5) a right of reverter to be exercised by the City if the requirements of the Deed withoutWarranty are not met.SECTION 3. That the conveyance of the Property shall be subject to any visible andapparent easements, any encroachments, any restrictions, easements andrights-of-way or other instruments of record.SECTION 4. That upon receipt of the monetary consideration from Kaminski for theProperty on Exhibit "A", the City Manager is hereby authorized to execute a Deedwithout Warranty, upon approval as to form by the City Attorney and attested by theCity Secretary, conveying the land to Kaminski, subject to the aforesaid Section 2 andthe City's right of reverter and deed restrictions.SECTION 5 . That the City Manager is authorized to execute an instrument, approvedas to form by the City Attorney, releasing the City's reverter rights and terminating thedeed restrictions to the land upon compliance with all terms and conditions of the deedrestrictions.

COUNCIL CHAMBERNovember 10, 2008SECTION 6. That any procedures required by Code Section 2-24 that are not requiredby state law are hereby waived with respect to this conveyance.SECTION 7. That this resolution shall take effect immediately from and after itspassage in accordance with the Charter of the City of Dallas, and it is accordingly soresolved.DISTRIBUTION:Housing DepartmentCity Attorney's OfficeOffice of Financial Services/Community Development, 4FN

EXHIBIT AParcelLegal DescriptionBlockNo.Property AddressEl9E2 12520 Macon Street5251 1 Starks Avenue 32Lot10125141012514VacanffImprovedImprovedVacant

KEY FOCUS AREA:Economic VibrancyAGENDA DATE:November 10, 2008COUNCIL DISTRICT(S):3, 6DEPARTMENT:HousingCMO:A. C. Gonzalez, 671-8925MAPSCO:43M 44J L NSUBJECTAuthorize (1) approval of the development plan submitted to the Dallas HousingAcquisition and Development Corporation by Dallas Neighborhood Alliance for Habitat,Inc. for the construction of affordable houses, (2) the sale of 5 vacant lots from DallasHousing Acquisition and Development Corporation to Dallas Neighborhood Alliance forHabitat, Inc.; and, (3) execution of a release of non-tax liens included in the foreclosurejudgment and post-judgment non-tax liens, if any (list attached) - Financing: No costconsideration to the CityBACKGROUNDOn February 4, 2008, the Housing Committee received a briefing regarding the UrbanLand Bank Demonstration Program which outlined the process and status of theprogram. The areas targeted for acquisition to achieve the desired goals under theprogram were identified.Dallas Neighborhood Alliance for Habitat, Inc. (Habitat) has the right of first refusal inthe area and submitted a proposal and development plan to Dallas Housing Acquisitionand Development Corporation (DHADC or Land Bank) for 5 lots shown on the attachedlist. The DHADC Board has approved the development plan and sale, subject to CityCouncil approval. This item will authorize City Council approval of the development plansubmitted by Habitat to the City's Land Bank, the sale of those lots from DHADC toHabitat and the release of non-tax liens included in the foreclosure judgment andpost-judgment non-tax liens, if any. The vacant lots were purchased by DHADC from aSheriffs sale pursuant to foreclosure of tax liens and any non-tax liens. DHADC's Deedwithout Warranty to Habitat will contain a reverter that returns the property to DHADC ifa construction permit is not applied for by Habitat and construction financing is notclosed within two years of conveyance. Habitat will build affordable houses on the lots.

BACKGROUND (continued\The approximate square footage and sales prices of the houses will be from 1,170 to1,380 square feet and from 65,000 to 95,000. The lots will be deed restricted for saleto a low income family and will require at least 25 percent of the developed homes to besold to households with gross household incomes not greater than 60 percent of theArea Median Family Income (AMFI) as determined annually by HUD. A maximum of 30percent of the developed homes may be sold to households with gross incomes from81 percent to 115 percent of the AMFI as determined annually by HUD, If 30% of thehomes are sold to buyers at 81 percent to 115 percent of the AMFI, the remaininghomes will be sold to buyers below 81 percent of the AMFI and in compliance with theminimum 25 percent requirement to sell to buyers below 60 percent of the AMFI.DHADC will receive 22,550.00 for the sales price, as calculated from the 08-09 LandBank Plan approved by City Council.On June 18, 2003, Governor Perry signed the Urban Land Bank DemonstrationProgram Act. The Act allows the governing body of a municipality to adopt an UrbanLand Bank Demonstration Program in which the officer charged with selling realproperty ordered sold pursuant to foreclosure of a tax lien may sell certain eligible realproperty by private sale to a land bank for the purpose of affordable housingdevelopments.PRIOR ACTlONlREVIEW (Council, Boards, Commissions)On January 28, 2004, the City Council established the Dallas Housing Acquisition andDevelopment Corporation (DHADC) as its land bank, authorized amendments to theArticles of Incorporation and By-Laws of the DHADC, and authorized an interlocalcontract with the affected taxing jurisdictions for participation in the Dallas Urban LandBank Demonstration Program by Resolution No. 04-0458.On May 26, 2004, the City Council authorized a contract with DHADC for the provisionof land bank services as set forth in the amended Program Statement for the DallasUrban Land Bank Demonstration Program by Resolution No. 04-1726.On October 13, 2004, the City Council approved the City of Dallas FY 2004-05 UrbanLand Bank Demonstration Program Plan and authorized an amendment to the DHADCContract to provide additional operating and acquisition funds for FY 2004-05 byResolution No. 04-2930.On August 24, 2005, the City Council authorized an amendment to the contract withDHADC to extend the term to November 1. 2006 and to allow the City to refer up to 625parcels intended for acquisition by the Land Bank for filing of a tax lawsuit by March 26,2006 by Resolution No. 05-2474.On August 24, 2005, the City Council approved the City of Dallas FY 2005-06 UrbanLand Bank Demonstration Program by Resolution No. 05-2501.Agenda Date 11/10/2008 - page 2

PRIOR ACTIONIREVIEW (Council, Boards. Commissions) (continuedlOn January 11, 2006, the City Council authorized an amendment to the City of DallasFY 2005-06 Urban Land Bank Demonstration Program Plan to increase the list ofproperties in the plan that may become eligible for sale to the Land Bank by ResolutionNO. 06-0162.On October 1I,2006, the City Counc lapproved the C tyof Dallas FY 2006-07 UrbanLand Bank Demonstration Program Plan by Resolut onNo 06-2785On December 13, 2006, the City Council authorized an amendment to the contract withDHADC to extend the term to September 30, 2007 and to allow the City to refer up to300 parcels intended for acquisition by the Land Bank for filing of a tax lawsuit by March31, 2007 by Resolution No. 06-3403.On August 22, 2007, the City Council authorized an amendment to the contract withDHADC to extend the term to September 30, 2008 and to allow the City to refer up to300 parcels intended for acquisition by the Land Bank for filing of a tax lawsuit by March31, 2008 by Resolution No. 07-2385.On October 10, 2007, the City Council approved the City of Dallas FY 2007-08 UrbanLand Bank Demonstration Program Plan by Resolution No. 07-2998.On August 27, 2008, the City Council authorized an amendment to the contract withDHADC to extend the term to September 30, 2009 and to allow the City to refer up to300 parcels intended for acquisition by the Land Bank for filing of a tax lawsuit by March31, 2009 by Resolution No. 08-2257.On October 8, 2008, the City Council approved the City of Dallas FY 2008-09 UrbanLand Bank Demonstration Program Plan by Resolution No. 08-2785.FISCAL INFORMATIONNo cost consideration to the CityAttachedAgenda Date 11110/2008 - page 3

LAND BANK (DHADC) SALE OF LOTSTO DALLAS NEIGHBORHOOD ALLIANCE FOR HABITATProoertv Address1.2.3.4.5.3320 Brantley1816 Nornas2014 Nomas3333 Parvia1720 PuebloMAPSCO44L44J43M44L44NCouncil District

PROPERTY4DDRESS1 3320 Brantley2 1816Nornas3 2014 Nornas4 3333 Pawta5 1720 PuebloMAPSCO44L44 JCOUNCILDISTRICT643M3344L644N3

COUNCIL CHAMBERNovember 10.2008WHEREAS, on January 28, 2004, the City Council established the Dallas HousingAcquisition and Development Corporation (DHADC) as its land bank for the purpose ofacquiring, holding and transferring unimproved real property under Subtitle A, Title 12,Local Government Code, Chapter 379C and: 1) approved the City of Dallas Urban LandBank Demonstration Program Plan; 2) approved the Program Statement for the DallasUrban Land Bank Demonstration Program; 3) authorized amendments to the Articles ofIncorporation and By-Laws of the DHADC; and 4) authorized an interlocal contract withthe affected taxing jurisdictions for participation in the Dallas Urban Land BankDemonstration Program by Resolution No. 04-0458; andWHEREAS, on May 26, 2004, the City Council authorized a contract with the DHADCfor the provision of land bank services as set forth in the amended Program Statementfor the Dallas Urban Land Bank Demonstration Program approved by the City Councilon January 28,2004 by Resolution No. 04-1726; andWHEREAS, on October 13, 2004, the City Council approved the City of Dallas FY2004-05 Urban Land Bank Demonstration Program Plan and authorized an amendmentto the DHADC Contract to provide additional operating and acquisition funds for FY2004-05 by Resolution No. 04-2930; andWHEREAS, on August 24, 2005, the City Council authorized an amendment to thecontract with DHADC to extend the term to November 1, 2006 and to allow the City torefer up to 625 parcels intended for acquisition by the Land Bank for filing of a taxlawsuit by March 26, 2006 by Resolution No. 05-2474; andWHEREAS, on August 24, 2005, the City Council approved the City of Dallas FY2005-06 Urban Land Bank Demonstration Program Plan by Resolution No. 05-2501;andWHEREAS, on January 11, 2006, the City Council authorized an amendment to theCity of Dallas FY 2005-06 Urban Land Bank Demonstration Program Plan to increasethe list of properties in the plan that may become eligible for sale to the Land Bank byResolution No. 06-0162; andWHEREAS, on October 11, 2006, the City Council approved the City of Dallas FY2006-07 Urban Land Bank Demonstration Program Plan by Resolution No. 06-2785;andWHEREAS, on December 13, 2006, the City Council authorized an amendment to thecontract with DHADC to extend the term to September 30, 2007 and to allow the City torefer up to 300 parcels intended for acquisition by the Land Bank for filing of a taxlawsuit by March 31, 2007 by Resolution No. 06-3403; and

COUNCIL CHAMBERNovember 10.2008WHEREAS, on August 22, 2007, the City Council authorized an amendment to thecontract with DHADC to extend the term to September 30, 2008 and to allow the City torefer up to 300 parcels intended for acquisition by the Land Bank for filing of a taxlawsuit by March 31, 2008 by Resolution No. 07-2385; andWHEREAS, on October 10, 2007, the City Council approved the City of Dallas FY2007-08 Urban Land Bank Demonstration Program Plan by Resolution No. 07-2998;andWHEREAS, on August 27, 2008, the City Council authorized an amendment to thecontract with DHADC to extend the term to September 30, 2009 and to allow the City torefer up to 300 parcels intended for acquisition by the Land Bank for filing of a taxlawsuit by March 31, 2009 by Resolution No. 08-2257; andWHEREAS, on October 8, 2008, the City Council approved the City of Dallas FY2008-09 Urban Land Bank Demonstration Program Plan by Resolution No. 08-2785;andWHEREAS, Dallas Neighborhood Alliance for Habitat, Inc. (Habitat) submitted aproposal and development plan to DHADC for 5 lots shown on Exhibit "A" and theDHADC Board has approved the development plan and sale, subject to City Councilapproval; andWHEREAS, the City Council desires to approve the development plan shown on Exhibit"B" submitted by Habitat and authorize the sale of the said 5 lots from DHADC toHabitat to build affordable houses; NOW, THEREFORE;BE IT RESOLVED BY THE ClTY COUNCIL OF THE ClTY OF DALLAS:SECTION 1. That the development plan shown on Exhibit "B" submitted by Habitat andthe sale of 5 lots shown on "Exhibit A" from DHADC to Habitat is approved.SECTION 2. That the City Manager, upon approval as to form by the City Attorney, isauthorized to execute a release of lien for any non-tax liens included in the foreclosurejudgment and any non-tax liens that may have been filed by the City post-judgment onthe lots shown on "Exhibit A".

COUNCIL CHAMBERNovember 10, 2008SECTION 3. That this resolution shall take effect immediately from and after itspassage in accordance with the provisions of the Charter of the City of Dallas, and it isaccordingly so resolved,DISTRIBUTION:Housing DepartmentCity Attorney's OfficeOffice of Financial Services, 4FN

EXHIBIT BSECTION 11: DEVELOP-WENT PLANA. D E S C W T I O N O F THE LAND KEQUESTED FOR DEVELOPMENT( I 1 Number of lots requested in this proposal.:2) Land Bank name for this parcel of lots.5W E S r t h c u i H e . ?( 3 ) Provide the propeny address and legal description of the land requested (attach extra sheers if necessary)(the "Property"). 3333 Parvia. 3320 Brantlev, 1720 Pueblo. 1516 Nomas. 2014B. DESCRIPTION O F PROPOSED HOUSES ENTITY WILL CONSTRUCTAt least 25% of the Land Bank properties sold during any given fiscal year to be developed shall be deedrestricted for sale to households with gross annual incomes not greater than 60% of AMFI. No more than30% of the Land Bank properties sold during any given fiscal year to be developed shalt be deed restrictedfor sale to households with gross annual incomes between 81% and 115% of AMFI. (At least 70% of theLand Bank properties sold during any tiscal year to be developed shall be deed restricted for sale tohouseholds with gross annual incomes at 80% A,WI or less.)Single Family Home (to be sold to low income households at 60% or leas of AllFI):Uumber of homes to be built on lots3Square Footage of each home 1 170-1380 sauare feetUumber of RedroomdBaths in each home3 or 4i2Number of Garages I per housg-Number of CatportsDetached Attached -XType of Exterior Veneer Fiber CementWhich sidesYour Sales Price ranges without Suosidies to Qual fiedLow Income Buyer 75.000-- g&.o@-Single Family Home (to be sold to low income households a t 80% or less of AMFI):Number of homes to be built on lots2Square Footage of each home I340Number of BedmomdBaths in each home3IINumber of G a r a g e s Number of Cuports 2 Detached -Attached LCType of Exterior VeneerHardv plank or similar Which sides AllYour Sales Price ranges without Subsidies to Qualified Low Income Buyer 65,000- 70.000Single Family Home (to be sold to low income households between 81% and 115% of AMFT):Number of homes to be built on letsSquare Footage of each home Number of RedroornsBaths in each home.uumbsr o f GaragesYumber Carports Detached -Attached -Type of Exterior VeneerUhiih sidesYeur Sales Price ranges uitheut Subsidies to Q aiificdLaw jncon:e BuyerAttach extra sheetfs) breakina nut above iltformarion for each different model of home.PROVIDE FLOOR PL.\NS &VD ELEV4T104S, Please .;ce attached.

C. CONSTRUCTION TDmTABLEState rhe number cf days it will take you to complete construction and sale of improved Property from thedate of obtaining the executed deed from DHADC, Attach a schedule, if you desire. The deed conveyingproperty soid by DHADC %ill iselude a right of soverier so that if the Entity does not apply for aconsmction permit and close on any construction financing witkin a two year period following the date of;oniey;utce of the property from the DHADC to the Entity, the propew will reven to the D W C forsubsequent resale.daysCommencement of Constroction -29Completion of Consmicdon1000daysSate of first affordable housing unit to low income householdsSale of last affordable unit to low income households -J.@1 160daysdays

KEY FOCUS AREA:A Cleaner, Healthier City EnvironmentAGENDA DATE:November 10, 2008COUNCIL DISTRICT(S):3, 4, 6. 7DEPARTMENT:HousingCMO:A, C. Gonzalez, 671-8925MAPSCO:39N 44K 44J 46V 555SUBJECTAuthorize the reconstruction on-site of five homes in accordance with theReconstructionISHARE Program Statement requirements for the properties located at1944 Gallagher Street in the amount of 87,500, 3618 Chicago Street in the amount of 87,500, 2714 Fernwood Avenue in the amount of 87,500, 3327 Spring Avenue in theamount of 87,500, and 2604 Larry Drive in the amount of 87,500 - Total not toexceed 437,500 - Financing: 2006-07 Community Development Grant Funds( 322,198); 2004-05 HOME Funds ( 88,138), and 2006-07 HOME Funds ( 27,164)BACKGROUNDOn November 12, 2007, City Council approved an amendment to the ProgramStatement for the Home Repair Program which authorizes loans for reconstruction onsite of new homes to low-income homeowners in Dallas earning less than 50% Citywideand 80% in NIP areas of Area Median Family Income (AMFI).On April 23, 2008, City Council approved an amendment to the Program Statement forthe Reconstruction/SHARE program to provide to the homeowners up to 5,900 of themaximum 87,500 for an amenities package. (Maximum Program funding is 87,500for a new home on-site of approximately 1,200 sq ft).City Council authorization is also required prior to proceeding with reconstruction on sitewhen all of the following conditions exist: (a) repairs necessary to meet the City's locallyadopted Housing Rehabilitation Standards or Federal Housing Quality Standards andall applicable codes cannot be accomplished within the program funding limits; (b) theconditions of the home create an imminent danger to the life. health andlor safety of theresidents and/or the neighborhood; and (c) repairs are not feasible in that they will notextend the life of the repaired structure beyond 15 years.

BACKGROUND (continued)On October 8, 2008, City Council approved an amendment to the Program Statementfor the Home Repair Program which authorizes loans for reconstruction on site of newhomes to low-income homeowners in Dallas earning less than 80% of Area MedianFamily Income (AMFI) and who are older than 62 years of age or disabled and provideassistance with one ( I ) tax and insurance payment.The following homeowners are at 80% and below AMFI, are eligible for a loan toreconstruct the homes on-site and the properties described are eligible for a loan toreconstruct the home on-site: a disabled male, Billy Joe Hood, 58 years old, resides at1944 Gallagher Street; an elderly female, Martha E. Davis, 67 years old- resides at3618 Chicago Street; an elderly female, Pearlie Mae Davis, 73 years old, reside at 2714Fernwood Avenue; a couple Charles & his wife Mattie M. Evans. 75 & 74 years old,reside at 3327 Spring Avenue: an elderly couple, an elderly female, Celia Guzman, 73years old; resides at 2604 Larry Drive,This action provides authority to proceed with reconstruction of five single-family homeson-site, as all conditions noted above have been met.PRIOR ACTIONIREVIEW (COUNCIL, BOARDS, COMMISSIONS)On October 28, 1998, the City Council authorized the Program Statement authorizingthe Housing Department to implement the Home Improvement Loan Program andincluded clarification of procedures for reconstruction on-site under certain conditionsby Council Resolution No. 98-3157,On August 23, 2000, the City Council authorized approval of the Program Statement forthe Home lmprovement Loan Program by Resolution No. 00-2656.On June 27, 2001, the City Council authorized approval of a Program Statement for theHome Repair Program by Resolution No. 01-2049.On August 14, 2002, the City Council authorized the Program Statement for the HomeRepair Program by Resolution No. 02-2272.On October 23, 2002, the City Council authorized the Program Statement for the HomeRepair Program by Resolution No. 02-3047.On October 22, 2003, the City Council authorized the Program Statement for theReplacement and SHARE Housing Program by Resolution No. 03-2833.On June 23. 2004. the City Council authorized an amendment to the ProgramStatement for the Replacement and SHARE Housing Program by Resolution No,04-2097.Agenda Date 11/10:2008 - page 2

PRIOR ACTIONIREVIEW (COUNCIL, BOARDS. COMMISSIONS) (continued)On October 18. 2004, the Housing and Neighborhood Development Committeerecommended increasing the Maximum loan for a replacement home to 70,000.On November 10, 2004, the City Council authorized an amendment to the ProgramStatement for the Replacement and SHARE Housing Program to increase themaximum amount to 70,000 by Resolution No. 04-3194.On November 12, 2007, the City Council authorized the Program Statement authorizingthe Housing Department to implement the Reconstruction/SHARE Program Statementfor reconstruction on-site under certain conditions for assistance up to 87,500 byResolution No. 07-3307On April 23, 2008 the City Council authorized an amendment to theReconstruction/SHARE Program Statement to add an amenities package up to 5,900by Resolution No. 08-1266.On October 8. 2008 the City Council authorized an amendment to theReconstructioniSHARE Program Statement to assist low-income homeowners in Dallasearning less than 80% of Area Median Family Income (AMFI) and who are older than62 years of age or disabled and provide assistance with one ( I ) tax and insurancepayment by Resolution No, 08-2768.FISCAL INFORMATION2006-07 Community Development Grant Funds - 322.1982004-05 HOME Funds - 88,1382006-07 HOME Funds - 27,164Council District 3 - 87,500Council District 4 - 87.500Council District 6 - 87,500Council District 7 - 175,000MAP(S)AttachedAgenda Date 11:1012008 - page 3

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COUNCIL CHAMBERNovember 10,2008WHEREAS, on October 28: 1998, the City Council authorized the Program Statementauthorizing the Housing Department to implement the Home lmprovement LoanProgram and included clarification of procedures for reconstruction on-site undercertain conditions by Council Resolution No. 98-3157; andWHEREAS, on August 23, 2000. the City Council authorized approval of the ProgramStatement for the Home lmprovement Loan Program by Resolution No. 00-2656; andWHEREAS, on June 27, 2001, the City Council authorized approval of a programstatement for the Home Repair Program by Resolution No. 01-2049; andWHEREAS, on August 14, 2002, the City Counc lauthorized the Program Statementfor the Home Repair Program by Resolution No, 02-2272; andWHEREAS, on October 23, 2002, the City Council authorized the Program Statementfor the Home Repair Program by Resolution No. 02-3047; andWHEREAS. on October 22, 2003, the City Council authorized the Program Statementfor the Replacement and SHARE Housing Program by Resolution No. 03-2833; andWHEREAS, on June 23, 20041 the City Council authorized an amendment to theProgram Statement for the Replacement and SHARE Housing Program by ResolutionNo. 04-2097: andWHEREAS, on October 18, 2004, the Housing and Neighborhood DevelopmentCommittee recommended increasing the Maximum loan for a replacement home to 70,000; andWHEREAS, on November 10, 2004, the City Council authorized an amendment

homes will be sold to buyers below 81 percent of the AMFI and in compliance with the minimum 25 percent requirement to sell to buyers below 60 percent of the AMFI. Bank Plan approved by City Council. On June 18, 2003, Governor Perry signed the Urban Land Bank Demonstration Program Act.