Consider and take appropriate action to approve a request to approve the declaration of land use restrictive covenants for the Land Use Restrictive Agreement (LURA) for the Juniper Creek SHIP project. (Commissioners Howard & Gómez)

Staff Report & Agenda Item Details

FC Juniper Creek Housing LP has constructed Juniper Creek, a 110-unit multi-family affordable housing complex with three residential buildings and several centrally located green spaces and common amenities, including a playground, a dog park, barbeque grills, and picnic tables. As stated in the subaward, Foundation Communities’ Juniper Creek project will provide quality affordable housing and supportive services to low-income families and individuals living at or below 60% AMI (area median income) to achieve long-term stability and self-sufficiency. 20% of the constructed housing units to Travis County residents that meet the definition of homeless that meet the McKinney-Vento definition.<br id="isPasted"> <br>The Juniper Creek project is located at 11630 N Lamar Blvd., Austin, TX 78753. The project is 100% complete. Certificate of Occupancy was issued by the City of Austin on 10/27/2025. This project was fully closed out on December 10, 2025 following the completion of all closeout requirements as specified in the County’s subaward for this supportive housing project.<br> <br>If the County approves of the Addendum A to Declaration - Consent and Subordination of Lienholder, it does two things.  First, the County is giving its consent to FC Juniper Creek Housing LP to enter into the Declaration of Land Use Restrictive Covenants Land Use Restriction Agreement for Low Income Housing Tax Credits (the "Declaration").  Second, the County is confirming that the rental restrictions under the Declaration will maintain a superior status the County's rental restrictions in connection with the subaward (the ARPA loan) to FC Juniper Creek Housing LP during the term of the Declaration.   Lastly, FC Juniper Creek Housing LP needs the Addendum A signed by the County for the Borrower to get the tax credits.