HomeMy WebLinkAbout032988 RES - 02/14/2023Resolution in support of the proposed 9% Housing Tax Credit for a
projected 58 -unit affordable housing project at Weber Road and
Capitol Drive known as Weber Lofts to be developed by Creative
Urban Multifamily, LLC and ALMA Weber GP.
Whereas, Creative Urban Multifamily, LLC and ALMA Weber GP. (the
"Applicant") has proposed a development project to construct a 58 -unit multifamily
development for renter households with incomes at or below 60% of the area median
income. The proposed development is located at Weber Road and Capitol Drive ("Weber
Lofts Project");
Whereas, the Applicant intends to submit an application to the Texas Department
of Housing and Community Affairs ("TDHCA") for 2023 Housing Tax Credits for the Weber
Lofts Project; and
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 Weber Lofts Project.
Section 2. The City Council for the City of Corpus Christi hereby acknowledges
support for the proposed Weber Lofts Project located at Weber Road and Capitol Drive.
Section 3. The City commits $500 in reduced fees if the Weber Lofts Project is
awarded low income housing tax credits.
PASSED AND APPROVED on the iV \ day of `<_ 2023:
Paulette Guajardo
Roland Barrera
Sylvia Campos
Gil Hernandez
Michael Hunter
Jim Klein
Mike Pusley
Fl,
A-yz
ALTL
032988
Everett Roy
Dan Suckley
ATTEST:
Rebecca Huerta
CI OF CORPUS CHRISTI
aulette Guajardo
City Secretary Mayor
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