A public hearing to receive comments (1) regarding an application by Cohen-Esrey Development Group, LLC (Applicant), to the Texas Department of Housing and Community Affairs for 4% Non-Competitive Low Income Housing Tax Credits for The Henley, a 228-unit multifamily residential development for persons of low and moderate income to be located at 7535 University Hills Boulevard, Dallas, Texas 75241 (Project); and (2) pursuant to Section 394.9025 of the Texas Local Government Code regarding bonds to be issued by the City of Dallas Housing Finance Corporation to finance the Project; and, at the close of the public hearing authorize a Resolution of No Objection for Applicant related to its application to TDHCA for the development of the Project - Financing: This action has no cost consideration to the City (see Fiscal Information) (This item was deferred on February 11, 2026) *In alignment with Dallas Housing Resource Catalog.

This item concerns a public hearing and potential Resolution of No Objection (RONO) for The Henley, a proposed 228-unit multifamily residential development by Cohen-Esrey Development Group, LLC. The project, located at 7535 University Hills Boulevard, Dallas, Texas 75241, seeks 4% Non-Competitive Low Income Housing Tax Credits (LIHTC) from the Texas Department of Housing and Community Affairs (TDHCA) for 2026. The development is intended for persons of low and moderate income, with 100% of the units (228 total) reserved for residents earning at or below 60% Area Median Income (AMI). The Dallas Housing Finance Corporation (DHFC) previously authorized a preliminary resolution to issue up to $35,000,000.00 in private activity bonds to finance the project. The City Council is asked to authorize a RONO, confirming no objection to the TDHCA application. This action has no direct cost to the City. The item was previously deferred on February 11, 2026. The project aligns with the City's updated Drivers of Opportunity Policy Framework.

This project will add 228 new affordable housing units to the Dallas community, specifically targeting low and moderate-income residents. The approval process includes a public hearing, allowing residents to voice opinions on the development.

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