The Council Chambers are reopened to the public! We’ll revisit the Tax Credit for the proposed “Affordable Housing”* multifamily development at K Ave & Park tabled last meeting.
You can sign up online to speak at council meetings in person or via Zoom online at this link up to 15 minutes before the scheduled meeting, which is typically at the 7:00 Regular Meeting. You may alternatively share your thoughts by emailing the council members any time at our email addresses here, or by 4:00 PM the day of the meeting at councilcomments@plano.gov. The council meeting will be livestreamed on PlanoTV.org and on the City of Plano Facebook page.
Preliminary Open Meeting
(Whenever Executive Session, which starts at 5:00 PM, ends)
-
Election Update
-
2020 Business Survey Presentation
-
Presentation of the FY2020-21 Status Report and Three-Year Financial Forecast
-
Plano Housing Authority Overview by Earnest Burke
Regular Meeting (starts at 7:00 PM)
Notable Consent Agenda items are at the bottom of this post.
Comments of Public Interest: every meeting, anyone can speak about anything for up to three minutes, with 30 total minutes allotted for this segment.
Items for Individual Consideration
-
Item (1): Application for a Resolution of No Objection for a 4% Housing Tax Credit with the Texas State Department of Housing and Community Affairs for the proposed “Affordable Housing” multifamily complex at K Avenue and Park Boulevard owned by the Plano Housing Authority. This item was tabled at the last council meeting pending clarification of the council’s prior policy regarding letters of Support/No Objection/Objection for Housing Tax Credit applications to the TDHCA. The property is already expected to be completely exempt from property taxes by virtue of it’s ownership by the Plano Housing Authority, though nearly all proceeds from rents will go to the developer and investor
-
Item (2): Resolution to authorize a Substantial Amendment to the 2019-2020 Action Plan for the use of Federal HUD Grants and Funds to add $1,055,451 in Homelessness Prevention funding and $351,817 in Homeless Housing Assistance, both funded the Federal CARES Act to address homelessness related to the economic crisis resulting from the COVID-19 pandemic
Notable Consent Agenda Items
Total of $5,582,604 of your money in proposed expenses
-
Item (c): increase of $195,945 to current contract amount of $325,900, for a total contract amount of $521,845, for engineering professional services for Water Rehabilitation Cross Creek East 3B
Review City Council agendas and minutes here.
* I always use “Affordable Housing” in quotes because it’s not used to simply address whether housing is affordable–“Affordable Housing” is a term which means Taxpayer-Subsidized Housing, which is a different concept from Housing that is Affordable.
