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Dallas Housing Finance Corporation approves four financing resolutions and a bond-allocation resolution
Summary
The Dallas Housing Finance Corporation on June 10, 2025, approved resolutions to advance four multifamily developments and authorized a single-family private-activity bond application and assignment authority of up to $61 million; board members voted unanimously on the items presented.
President Marcy Halban presided over the Dallas Housing Finance Corporation (DHFC) meeting on June 10, 2025, where the board approved a series of financing resolutions for multifamily projects and a resolution to pursue a single-family private-activity bond allocation of up to $61,000,000.
The board adopted final-document approvals for financing and ground-lease arrangements for three multifamily projects: Legacy on Keast (2621 Sutherland Avenue), Palladium Buckner Station (401 South Buckner Boulevard), and Highline Illinois (4710 West Illinois Avenue). The board also approved a resolution to apply for and, if needed, assign up to $61,000,000 in single-family private-activity bond allocation to the Texas Department of Housing and Community Affairs (TDHCA) for use in single-family mortgage loans. The DHFC voted to approve minutes of its April 8, 2025 meeting earlier in the session.
Why it matters: The approvals put three new multifamily developments on track to close and begin…
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