HomeMy WebLinkAboutRES 24-053RESOLUTION NO.24-053
A RESOLUTION SUPPORTING THE SUBMISSION OF AN APPLICATION BY
BEAUMONT PWB, LP FOR COMPETITIVE 9% HOUSING TAX CREDITS
LOCATED WEST OF WENDELIN DRIVE AND SOUTH OF 6005 COLLEGE
STREET, BEAUMONT, TEXAS 77707, AUTHORIZING AN ALLOCATION OF
HOUSING TAX CREDITS FOR THE APPROVAL OF THE NEW CONSTRUCTION
DEVELOPMENT FOR MULTIFAMILY.
WHEREAS, Beaumont PWB, LP, of Houston, Texas, has proposed a development for
affordable rental housing for multifamily located west of Wendelin Drive and south. of 6005
College Street, Tamed Providence West Beaumont with TDHCA Application No, 24121 in the
City of Beaumont, County of Jefferson; and,
WHEREAS, Beaumont PWB, LP has advised that it intends to submit an application to
the Texas Department of Housing and Community Affairs (TDHCA) for 2024 Competitive 9%
Housing Tax Credits funds for Providence West Beaumont;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT as provided for in 10 TAC §11.3(c), it is expressly acknowledged and confirmed
that the City of Beaumont has more than twice the state average of units per capita supported by
Housing Tax Credits or Private Activity Bonds; and,
THAT the City of Beaumont, acting through its governing body, hereby confirms that it
supports the proposed Providence West Beaumont located west of Wendelin Drive and south of
6005 College Street, Beaumont, Jefferson County, Texas 77707 with TDHCA Application No.
24121, and that this formal action has been taken to put on record the opinion expressed by the
City on February 20, 2024; and,
THAT the City of Beaumont, acting through its governing body, hereby confirms that its
governing body has voted specifically to approve the construction or rehabilitation of the
Development and to authorize an allocation of Housing Tax Credits for the Development
pursuant to Tex. Gov't Code §2306.6703(a)(4); and,
THAT the City of Beaumont, acting through its governing body, hereby approves a
commitment of development Rinding to Providence West Beaumont located west of Wendelin
Drive and south of 6005 College Street, City of Beaumont, Texas 77707 with TDHCA
Application No. 24121 in the amount of Five Hundred Dollars and Zero Cents ($500,00) in the
form of a grant of reduced fees; and,
BE FURTHER RESOLVED THAT for and on behalf of the Governing Body, Roy West,
Mayor, is hereby authorized, empowered, and directed to certify these resolutions to the Texas
Department of Housing and Community Affairs.
The meeting at which this resolution was approved was in all things conducted in strict
compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551.
PASSED BY THE CITY COUNCIL of the City of Beau
February, 2024.
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this the 20th day of
- Mayor Roy West —
Providence West Beaumont
West side of Wendelin Drive, South of 6005 College
Street Beaumont, TX 77707
Providence West Beaumont
Development Narrative
Beaumont PWB, LP is proposing a new 9% Low Income Housing Tax Credit (LIHTC) elderly
development. ITEX and Jehovah Areh Village CDC, a local nonprofit, are partnering together for this
new construction. The proposed development, Providence West Beaumont, is located on the West side
of Wendelin Drive, South of 6005 College Street in Beaumont, Texas 77707. The development will reside
on approximately 7 acres of land just south of Retreat West Beaumont.
Providence West Beaumont will be comprised of a 3 story, elevator served, approximately 80-unit
multifamily structure composed of one- and two -bedroom units. Providence's architectural design will be
similar to Abiding Grace which is currently under construction. Attached are elevations and unit plans.
Amenities in the development will include a community room, fitness center, and business center. Unit
features will include granite counter tops, LED lighting, wood cabinets, wood style flooring, 9 foot ceilings,
and energy star rated appliances. Providence West Beaumont will not only help in the continued
investment in the area by bringing a substantial investment, but will also establish quality housing where
it is much needed.
The development will create a number of jobs for professionals, including over 150 construction jobs
for a 14-18 month period. Additionally, approximately 3-4 new permanent management and operations
jobs once construction is complete. Future elderly residents will ultimately benefit from safe, quality
housing that is attainable within their income range.
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RESOLUTION NO.
A RESOLUTION SUPPORTING THE SUBMISSION OF AN APPLICATION BY BEAUMONT
PWB, LP FOR COMPETITIVE 9% HOUSING TAX CREDITS LOCATED WEST OF
WENDELIN DRIVE AND SOUTH OF 6005 COLLEGE STREET, BEAUMONT, TEXAS 77707,
AUTHORIZING AN ALLOCATION OF HOUSING TAX CREDITS FOR THE APPROVAL OF
THE NEW CONSTRUCTION DEVELOPMENT FOR MULTIFAMILY,
WHEREAS, Beaumont PWB, LP has proposed a development for affordable rental housing for multifamily
located west of Wendelin Drive and south of 6005 College Street, named Providence West Beaumont with
TDHCA Application No. 24121 in the City of Beaumont, County of Jefferson; and
WHEREAS, Beaumont PWB, LP has advised that it intends to submit an application to the Texas
Department of Housing and Community Affairs (TDHCA) for 2024 Competitive 9% Housing Tax Credits
funds for Providence West Beaumont.
It is hereby
RESOLVED, that as provided for in 10 TAC §11.3(c), it is expressly acknowledged and confirmed that the
City of Beaumont has more than twice the state average of units per capita supported by Housing Tax
Credits or Private Activity Bonds, and
FURTHER RESOLVED, that the City of Beaumont, acting through its governing body, hereby confirms that
it supports the proposed Providence West Beaumont located west of Wendelin Drive and south of 6005
College Street, Beaumont, Jefferson County, Texas 77707 with TDHCA Application No, 24121, and that
this formal action has been taken to put on record the opinion expressed by the city on [date], and
FURTHER RESOLVED, that the City of Beaumont, acting through its governing body, hereby confirms that
its governing body has voted specifically to approve the construction or rehabilitation of the Development
and to authorize an allocation of Housing Tax Credits for the Development pursuant to Tex, Gov't Code
§2306.6703(a)(4), and
FURTHER RESOLVED, that the City of Beaumont, acting through its governing body, hereby approves a
commitment of development funding to Providence West Beaumont located west of Wendelin Drive and
south of 6005 College Street, City of Beaumont, Texas 77707 with TDHCA Application No. 24121 in the
amount of Five Hundred Dollars and Zero Cents ($500.00) in the form of a grant of reduced fees, and
FURTHER RESOLVED, that for and on behalf of the Governing Body, [name, position of authorized person]
are hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of
Housing and Community Affairs.
PASSED AND APPROVED this [Day) day of February, 2024.