Authorize an amendment to Resolution No. 22-0124, previously approved on January 12, 2022 for the Conditional Grant Agreement with Greenleaf Ventures, LLC and/or its affiliates for the Lake June development located in the Pleasant Grove area of East Dallas (Project), to (1) reduce the total number of single-family homes to be constructed from 125 to 95; and (2) increase the number of single-family homes to be reserved for households earning at or below 80% of the Area Median Income from 20% to 3

Staff Report & Agenda Item Details

Authorize an amendment to Resolution No. 22-0124, previously approved on January 12, 2022 for the Conditional Grant Agreement with Greenleaf Ventures, LLC and/or its affiliates for the Lake June development located in the Pleasant Grove area of East Dallas (Project), to (1) reduce the total number of single-family homes to be constructed from 125 to 95; and (2) increase the number of single-family homes to be reserved for households earning at or below 80% of the Area Median Income from 20% to 30% of the total number of homes in the Project - Financing: No cost consideration to the City *In alignment with Dallas Housing Resource Catalog.

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