Inducement to Issue $42M Bonds for Pemberton

The Corporation will consider an inducement resolution expressing its intent to issue up to $42 million in bonds to fund a loan to TX Independence 2027, Ltd. for development of The Pemberton at Independence, a multifamily rental project for low and moderate income residents. The action also authorizes filing an application for private activity bond allocation with the Texas Bond Review Board.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $42,000,000 in bonds

Contract type

FINANCIAL_SERVICES

Renewal

Inducement resolutions generally precede final bond issuance; renewal or extension provisions are not specified at this stage.

Document type

Agenda

Source document

City of Dallas Housing Finance Corporation Regular Meeting Agenda 2026-07-14

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Dallas city?

Tx Independence 2027 Ltd was awarded this financial services contract by City of Dallas city, as recorded on July 12, 2026. The contract value is Not to exceed $42,000,000 in bonds.

How much is the Tx Independence 2027 Ltd contract with City of Dallas city worth?

The Tx Independence 2027 Ltd contract with City of Dallas city is valued at Not to exceed $42,000,000 in bonds, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Dallas Housing Finance Corporation Regular Meeting Agenda 2026-07-14 (Agenda), dated July 12, 2026 from City of Dallas city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tx Independence 2027 Ltd hold?

Tx Independence 2027 Ltd may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Tx Independence 2027 Ltd's profile

What is City of Dallas city currently buying?

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