Res 001-2018 1/2/2018
Resolution No. _01-2018__
Resolution of support for a proposed affordable housing tax credit
project, The Reserves at Maplewood II, in Wichita Falls, Texas by
OPG Maplewood Partners II, LLC
WHEREAS, OPG Maplewood Partners II, LLC., has advised the City of Wichita
Falls that it intends to submit an application for affordable rental housing to the Texas
Department of Housing and Community Affairs (TDHCA) for 2018 Competitive 9%
Housing Tax Credits within Region #2, Urban Category, in the City of Wichita Falls,
Wichita County, Texas; and,
WHEREAS, The Reserves at Maplewood II, will be an affordable multi-family
housing development that will contribute to additional revit alization efforts within the
City’s Tax Increment Financing Reinvestment Zone #2 (TIF #2); and,
Whereas, there is a TDHCA scoring item that requires a de minimis commitment
of development funding by the local political subdivision, City of Wichita Falls, who
confirms the Ci ty of Wichita Falls will provide streamlined site plan and permit revi ew
which is valued at least in the amount of $500 for the development ; and,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The governing body of the City of Wichita Falls supports new opportuniti es to
encourage the development of quality, affordable housing for its residents.
2. The City of Wichita Falls acting through its governing body, hereby confirms
its support for the proposed The Reserves at Maplewood II, a new affordable housing
development that will assist with continued revitalization efforts in TIF #2; and this
formal action has been taken to put on record the opinion expressed by the City of
Wichita Falls.
3. This resolution supports and is intended to allow the OPG Maplewood
Partners II, LLC., to receive funding from Texas Department of Housing and Community
Affairs (TDHCA) Competitive 9% Housing Tax Credits for The Reserves at Maplewood
II located on Maplewood Avenue in Wichita Falls.
4. This resolution of support is intended to all ow OPG Maplewood Partners II,
LLC., to receive the maximum number of scoring points in relation to its Housing Tax
Credit (HTC) application for The Reserves at Maplewood II to be located in Wichita
Falls.
5. The governing body of the City of Wichita Falls confirms it will provide
streamlined site plan and permit review which is valu ed at least in the amount of $500
for The Reserves at Maplewood II.
6. The governing body of the City of Wichita Falls is hereby authorized,
empowered, and directed to certify this resolution to the Texas Department of Housing
and Community Affairs (TDHCA).
7. This resolution shall take effect immediately from and after its passage.
PASSED AND APPROVED this the 2nd day of January, 2018.
______________________________
M A Y O R
ATTEST:
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City Clerk