Subject: 21731/Acknowl/Lawler-Wood/AffordableHousing/LowIncome
Date: Fri, 25 Oct 1996 08:25:12 -0500


                              RESOLUTION NO. 21731
                 
                 
                 A RESOLUTION ACKNOWLEDGING THAT THE HOUSING 
                 DEVELOPMENT PROPOSED BY LAWLER-WOOD, LLC, 
                 DEVELOPER, AND DODSON AVENUE PARTNERS, L.P., 
                 APPLICANT FOR LOW INCOME HOUSING TAX CREDITS 
                 FROM THE TENNESSEE HOUSING DEVELOPMENT AGENCY, 
                 WILL PROVIDE AFFORDABLE HOUSING FOR 
                 CHATTANOOGA'S CITIZENS.
                 
                 
                                                     
                 
                 
       	    	 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 
       CHATTANOOGA, TENNESSEE, that it is acknowledged that the housing 
       development proposed by Lawler-Wood, LLC, Developer, and Dodson 
       Avenue Partners, L.P., applicant for low income housing tax 
       credits from the Tennessee Housing Development Agency, will 
       provide affordable housing for Chattanooga's citizens.  The 
       proposed development will be comprised of 40 affordable housing 
       units and is to be located in the City of Chattanooga on 3 acres 
       located at the corner of Dodson Avenue and Third Street, Tax Map 
       No. 146F-N-007 and 009.1.
       
       ADOPTED:	 March 24, 1998
       
       MAM:cjc