Housing finance corporation formation
City of Richardson cityTexas- Detected
- Oct 19, 2026
- 10 days ago
- Sector
- Grants
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From the meeting
At its October 19, 2026 work session, the council reviewed forming a Housing Finance Corporation (HFC) and a Public Facilities Corporation (PFC). Staff said the citys consultants, Hilltop Securities and Chapman and Cutler LLP, would brief council on how these entities could support new construction and rehabilitation of rental housing for lower wage workers. The item is still planning-stage, but it signals future financing, legal structuring, and advisory work tied to housing reinvestment.
- Meeting date
- October 19, 2026
- Agency
- City of Richardson city
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