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MCDC hears Habitat for Humanity grant request; board motion to award $500,000
Summary
Habitat for Humanity of Collin County requested $800,000 to support multifamily construction in Cotton Groves. A board member moved to award $500,000 from the current allocation; the motion was made and seconded during the meeting.
The board considered a project grant application from Habitat for Humanity of Collin County to support construction of two multifamily buildings and two single-family lots in the Cotton Groves development. The agenda said the requested $800,000 represented about 48.5% of total project cost.
During discussion a board member noted limited available allocation (approximately $500,000 remaining in the affordable housing allocation) and moved to award $500,000 to the project. The motion was seconded; members discussed whether delaying or phasing the award would affect project completion timelines and confirmed that reassessment would occur in future cycles. The transcript records the motion to award $500,000; explicit roll-call tally was not provided in the excerpt.
