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Res 05-2026 Lucas Lofts, at 2206 Lucas Avenue, Wichita Falls, Texas, from OPG Lucas Partners, LLC 01/20/2026 Resolution No. 05-2026 Resolution to consider economic benefits and support for a proposed historic affordable housing tax credit project, Lucas Lofts, at 2206 Lucas Avenue, Wichita Falls, Texas, from OPG Lucas Partners, LLC WHEREAS, OPG Lucas Partners, LLC. ("Applicant"), has requested support from the City of Wichita Falls for the adaptive reuse of former Lamar Elementary for a historic, affordable senior housing complex named Lucas Lofts located at 2206 Lucas Ave., Wichita Falls, Wichita County, Texas; and, WHEREAS, the Applicant intends to submit an application for affordable rental housing units to the Texas Department of Housing and Community Affairs ("TDHCA") for an allocation of the 2026 Competitive 9% Housing Tax Credits within Region #2, Urban Category, in the City of Wichita Falls, Wichita County, Texas; and, WHEREAS, the Applicant has proposed a project for an adaptive historic reuse of a former school building for an affordable housing development focused on senior units; 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 City of Wichita Falls will provide OPG Lucas Partners, LLC. assistance valued at $500 in the form of site plan and permit review fee waivers for streamlined review for the development. 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 opportunities 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 Lucas Lofts to be located at 2206 Lucas Ave., a historic affordable housing rehabilitation for seniors; and this formal action is taken to put on record the opinion expressed by the City of Wichita Falls. 3. This resolution supports and is intended to allow OPG Lucas Partners, LLC. to receive funding from the Texas Department of Housing and Community Affairs (TDHCA) Competitive 9% Housing Tax Credits for Lucas Lofts located at 2206 Lucas Ave., in the City of Wichita Falls. 4. This resolution of support is intended to allow the Applicant to receive the maximum number of scoring points in relation to its Housing Tax Credit (HTC) application for Lucas Lofts, an affordable rental development project to be located in Wichita Falls. 5. The governing body of the City of Wichita Falls confirms it will provide $500 in the form of streamlined site plan and permit review fee waivers for the Lucas Lofts affordable housing project. 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 20th day of January, 2026. MAYOR ATTEST: 0 — City Clerk