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Governance committee presents draft PFC program statement; board to refine before formal vote
Summary
The Dallas PFC governance committee on June 24 presented a draft program statement that would separate PFC policy from the Housing Finance Corporation and set priorities for project eligibility, public‑benefit scoring and staff roles.
The Dallas Public Facility Corporation’s governance committee presented a draft PFC program statement on June 24 that would separate the PFC’s policies from the Dallas Housing Finance Corporation and set priorities for project eligibility, public benefit scoring and procedural safeguards.
Director Ed Montgomery, chair of the governance committee, summarized the draft and explained why the committee recommended a standalone PFC program statement. "One of the things we see quite a bit is ... taking stuff off the tax rolls," Montgomery said, adding that separating PFC policy…
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