HomeMy WebLinkAbout032364 RES - 02/23/2021Resolution of the City Council of the City of Corpus Christi, Texas in
support of the proposed 9% Housing Tax Credit for an affordable
housing project known as Palms at Blucher Park to be developed by
TG 110 Palms at Blucher Park, LP.
Whereas, TG 110 Palms at Blucher Park, LP. (the "Applicant") has proposed a
development project to construct a 72 -unit multi -family development for renters with
incomes at or below 60% of the Area Median Income, which is to be located at 209, 217,
223, 227 S. Tancahua and 209 S. Carancahua Street ("Palms at Blucher Park Project");
Whereas, the Applicant intends to submit an application to the Texas Department
of Housing and Community Affairs ("TDHCA") for 2021 Housing Tax Credits for the Palms
at Blucher Park Project; and
Whereas, the Property is zoned CI (Intensive Commercial District) and CI zoning
allows Multi -Family Housing development within allowed density.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
Section 1. The City Council of the City of Corpus Christi hereby supports the
proposed Palms at Blucher Park Project.
Section 2. The City Council for the City of Corpus Christi hereby acknowledges
support for the proposed Palms at Blucher Park Project located at 209, 217, 223, 227 S.
Tancahua and 209 S. Carancahua Street.
Section 3. The City commits $500 in reduced fees if the Palms at Blucher Park
Project is awarded low income housing tax credits.
032964 SCANNED
PASSED AND APPROVED on the 23 day of
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
ATTEST:
Rebecca Huerta
City Secretary
V6
2021:
OF CORPUS CHRISTI
2
Paulette M. G
Mayor
032364
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