Local Development Corporation & Housing Finance Corporation | September 29, 2026

At the September 29, 2026 meeting of the City of Fort Worth Local Development Corporation and Housing Finance Corporation, the board reviewed financial information and approved the fiscal year 2027 budget. The presentation projected approximately $3.8 million in expenditures, with about $1.8 million in cash reserves and a cash balance just over $500,000; available funds depend in part on whether the Berry Stallcup project proceeds. The board also re-adopted the investment policy without changes. Later, it approved items 4.1 through 4.4, described as budget-related, and approved the June 23 minutes. Evans and Rosedale was targeting an October closing, while the Mitchell property closing was expected in early to mid-October. No vendor selections, contract awards, or bids were identified.