HomeMy WebLinkAbout032674 RES - 02/15/2022Resolution 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 Commons at Oso Bay to be developed by
Commons at Oso Bay, LLC.
Whereas, Commons at Oso Bay, LLC. (the "Applicant") has proposed a
development project to construct a 60 -unit multi -family development for renters incomes
at or below 60% of the area median income. The proposed development is located at the
2125 Rodd Field Road. ("Commons at Oso Bay Project");
Whereas, the Applicant intends to submit an application to the Texas Department
of Housing and Community Affairs ("TDHCA") for 2022 Housing Tax Credits for the
Commons at Oso Bay Project; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
Section 1. The City Council for the City of Corpus Christi hereby supports the
proposed Commons at Oso Bay Project located at 2125 Rodd Field Road.
Section 2. The City commits $500 in reduced fees if the Commons at Oso Bay
Project is awarded low income housing tax credits.
PASSED AND APPROVED on the 15\\''day of- ,2022:
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
tHiL
1
032674
SCANNED
ATTEST:
OF CORPUS CHRISTI
Rebecca Huerta -Paulette M. Guajardo
City Secretary
03?;
2
Mayor