About DPFC:

Created by the City of Dallas in 2020, the Dallas Public Facility Corporation (DPFC) is a Texas public facility corporation and public nonprofit corporation governed by the Public Facility Corporation Act, Chapter 303 of the Texas Local Government Code, as amended (the "Act"). The DPFC is organized exclusively for the purpose of assisting the City in financing, refinancing, or providing "public facilities," as defined by the Act. In general, the DPFC seeks to develop and preserve mixed-income workforce housing communities to serve residents earning at or below 80% of the area median income (AMI) as well as provide non-income restricted units.

The DPFC is authorized to finance the acquisition of obligations issued or incurred in accordance with existing law, to provide for the acquisition, construction, rehabilitation, renovation, repair, equipping, furnishing, and placement in service of public facilities as allowed by the City and pursuant to the Act. The DPFC seeks to partner with qualified organizations to acquire, renovate, or build mixed-income housing developments that:

• Are in alignment with the DHP33 and adhere to the broader affordable housing industry's rent and income standards:
• AMI targets adjusted for family size
• Rent restrictions based on 30% of the applicable AMI restricted levels as established by HUD, TDHCA
• Consider the income of all residents living in the unit
• Where applicable, identify opportunities for deeper income targeting based on the operational subsidy provided by the property tax exemption to ensure the property is not over subsidized;
• Ensure there is no source of income discrimination at the property;
• Affirmatively furthers fair housing in the City;
• Ensure developers and property managers engage in affirmative marketing plans;
• Provide future residents with enhanced protections for the life of the property; and
• Provide a diverse unit mix to provide housing options for all including single residents and families with children.

The Department of Housing & Community Development presented an update on the Public Facility Corporation to the Housing and Homlessness Solutions (HHS) Committee on September 23, 2021. To learn more about DPFC please watch the video below, or view the full HHS Council Committee meeting on the Dallas City News Network.

DOWNLOAD THE PRESENTATION

How to Apply:

The information requested in the application below shall be used to confirm that (i) the proposed development could not be feasible but for the DPFC's participation and (ii) the development is in furtherance of the City of Dallas Housing Policy 2033 (DHP33), as amended, housing programs, policies, and initiatives, and is carried out pursuant to the provisions of the DPFC's Bylaws and the Act.

Please complete and submit the information requested in the application to the DPFC. The DPFC reserves the right to reject any application that it determines to be incomplete or inaccurate.

Two electronic copies of your application and all attachments should be submitted on two flash drives sealed in an envelope. Please include a check or money order payable to the Dallas Public Facility Corporation for its $5,000.00 application fee. The envelope may be mailed or delivered to:

Dallas Public Facility Corporation
1500 Marilla, Room 6CN
Dallas, Texas 75201
Attn: DPFC Administrator

Applications must also be emailed to DallasPFC@dallascityhall.com.

Each document corresponding to applicable section on the flash drives should be clearly labeled to easily identify the portion of the application with which it corresponds. Excel spreadsheets may not link to external data sources, and must be unlocked so that all data, including formulas, are viewable.

Per the DPFC Bylaws approved by the Dallas City Council, all applicants are responsible for any applicable costs associated with the third-party underwriting and review of their applications regardless of the outcome of the proposed project.

 DOWNLOAD THE APPLICATION

DPFC Meetings:

The DPFC Board of Directors meets every fourth Tuesday of each month at 12:00PM and are held in accordance with the Texas Open Meetings Act. Agendas are posted with the City Secretary's Office or visit the DPFC Meeting Agenda and Minutes page.

To view the Sante Fe Trail at Haskell project underwriting report click HERE. 

To  view the Cedars project underwriting report click HERE. 

DallasPFC@dallascityhall.com     |     214-670-3644     |      www.dallascityhall.com/DPFC