HomeMy WebLinkAbout032366 RES - 02/23/2021Resolution of the City Council of the City of Corpus Christi, Texas
having no objection to the proposed 9% Housing Tax Credit for an
affordable housing project known as Avanti at Heritage Park to be
developed by Avanti Heritage Park, LP.
Whereas, Avanti Heritage Park, LP. (the "Applicant") has proposed a
development project to construct up to 78 units multi -family development to include
between 10%-15% market rate units with the balance being for renters with incomes at
or below 60% of the Area Median Income, which is to be located at the southwest corner
of Fitzgerald Street and N. Chaparral Street ("Avanti at Heritage 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 Avanti
at Heritage 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 has no objection
to the proposed Avanti at Heritage Park Project.
Section 2. The City Council for the City of Corpus Christi hereby acknowledges
that it has no objection to the proposed Avanti at Heritage Park Project located at the
southwest corner of Fitzgerald Street and N. Chaparral Street.
Section 3. The City commits $500 in reduced fees if the Avanti at Heritage Park
Project is awarded low income housing tax credits.
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032366
SCANNED
PASSED AND APPROVED on the day of
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
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AL1/9
2021:
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ATTEST: CITY OF CORPUS CHRISTI
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Reb cca Huerta Paulette M. Guajard
City Secretary Mayor
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032363