MCDC approves extension of Habitat for Humanity loan agreement through March 31, 2026

The McKinney Community Development Corporation board approved a request from Habitat for Humanity of Collin County to extend the term of a loan agreement covering project 4B '20-315 to March 31, 2026.

The extension request came as Habitat described construction delays and an uptick in applications. John Bubliss, director of development for Habitat, and James Donaldson, director of construction, explained that unexpected soil conditions and resultant remediation extended the timeline on one site and that additional projects remain in the pipeline.

“The pads there, the outer form boards are there, the plumbing, the underground plumbing has been installed. It's just pending inspection,” said James Donaldson, who described remediation work and said once a slab is in place work will proceed more quickly.

Why it matters: Habitat said the grant and loan funds (Habitat reported a total grant amount of $400,000 and that about $117,000 has been spent to date) will be used to finish the Green Street project and support additional home-repair or new-build projects. Habitat projected the extension would enable work on roughly six to seven projects in the scope of typical repairs or builds that the organization handles.

Board action: A motion to approve the extension was made and seconded; the board voted and the motion passed. The motion on the record was made by Chris (mover) and seconded by AJ; the public transcript records the motion and that it passed but does not record individual roll-call vote tallies.

Funding and next steps: Habitat said the Green Street project is expected to cost about $180,000 after the soil remediation; the organization said it will not seek additional repair funding from MCDC until the current grant is spent down and that it expects to use the extension period to complete several pending projects.