The Dallas Housing Finance Corporation on Sept. 9 approved an inducement resolution to allow the City’s bond allocation process to consider a proposed affordable housing project called Beltline Flats, a 164‑unit development planned for 1275 South Beltline Road in southern Dallas.

Staff explained the inducement is an early procedural step that permits the developer to apply to the Texas Bond Review Board for a private activity bond allocation; it does not finalize financing or commit the corporation to a loan. General manager remarks said the inducement lets developers “advance their property applications onto the state” and that a final memorandum of understanding and additional approvals would return to the board if the project wins an allocation.

Donal McGee, the project’s development representative, told the board the proposal is for “a 164 unit new construction, development, across about 10 and a half acres” with income‑averaging so some units will rent at 60–70% of area median income. The concept plan includes standard amenities and about 1 acre of commercial frontage the developer described as a potential “urban farm or farmers market” to improve access to fresh food in the neighborhood.

Board members asked about site access and pedestrian connections to nearby schools and community facilities. McGee acknowledged the need for clearer pedestrian routes and said the team would work with council staff and city departments, noting Councilmember Paula (Blair) had provided a letter of support and that the developer had met with her.

The board approved the inducement by roll‑call. Staff reminded the board that if the project progresses through Texas Department of Housing and Community Affairs lottery and receives bond authority, the corporation will return with an MOU and final financing documents.