The City of Irving received an application from Oceda Industries seeking Low-Income Housing Tax Credits (LIHTC) to rehabilitate the Embassy Apartments at 1415 W. Airport Freeway. At the work session staff summarized the application and the city's role: a local resolution of support (which yields points in the state competition), a request for a small development commitment and the required threshold review.

Project details: The tax-credit application describes a rehabilitation (not demolition) of a nine-building complex originally built in 1964. The developer initially included a proposal to increase the unit count to 117 with demolition of the front-facing building, but said after a recent predevelopment meeting it will now seek to retain and rehabilitate the existing total of 111 units. Planned upgrades include high-efficiency appliances, interior and exterior improvements, additional laundry hookups in most units, new amenities and on-site case-management services providing connections to financial-literacy and other community resources.

Scoring and city role: City staff preliminarily scored the application 78 out of a possible 100 points under the Texas Department of Housing and Community Affairs (TDHCA) framework. Staff said the project meets land-use and affordability thresholds but received no community-support points in the initial submission; the applicant will need letters of support to submit with the state application. The developer also requested a $500 development-commitment credit from the city (customarily fulfilled by permit-fee reductions), which would add one point to the state application.

Next steps: Staff will include the full application and a draft resolution for council consideration at the Feb. 6 regular meeting. TDHCA's deadline is later in February; awards are announced in June and final scoring in July.

Ending: Councilmembers said the proposal is the type of rehab project the city should consider supporting, and asked staff to ensure the application materials demonstrate substantial per-unit rehabilitation work as required by the state.