Something’s Brewing in Gateway TIF District
I recently checked in on the Oak Cliff Gateway Steering Committee’s blog for the first time in a long time, and I found this Oct. 19 post complaining about how long it’s taking the committee’s rezoning proposal to crank through City Hall. “I cannot get a straight answer on when a public hearing will find its way onto the agenda of the City Planning Commission,” Michael A. Mendoza writes. “Is this case delayed, suppressed, or forgotten?”
While I can’t answer that, I can tell you that the City Council’s Economic Development Committee will be briefed Tuesday on a plan to provide $4 million worth of TIF funds to the Alexan Trinity Project. What’s that, you ask? Why, it’s an apartment complex of 200 units in the 300 block of Greenbriar Lane. According to the briefing prepared for Tuesday’s meeting, the majority of those apartments will rent for between $965 and $2,210 per month. But, per the TIF district’s affordable housing requirements, 34 of them will rent for between $880 and $927 per month, to families of four making less than $54,100 annually.
The full council will vote on the plan Nov. 14. (Scroll down to Page 11.)