Legislation Details

File #: 25-2545    Name: NRP Group Intro to board
Type: Agenda Item Status: Agenda Ready
In control: McKinney Housing Finance Corporation
On agenda: 3/14/2025 Final action:
Title: Presentation Introducing the NRP Group: Nick Walsh, Vice President of Development
Attachments: 1. Presentation
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Title

Presentation Introducing the NRP Group: Nick Walsh, Vice President of Development

 

Summary

 

 

COUNCIL GOAL:                     Enhance the Quality of Life in McKinney

5.3: Develop sustainable quality of life improvements within the City of McKinney

 

MEETING DATE:                     March 14, 2025

 

DEPARTMENT:                      Housing & Community Development

 

CONTACT:                       Cristel Todd, Affordable Housing Administrator

 

 

 

ITEM SUMMARY: 

•                     Introducing the NRP Group: Co-Development Partner 

 

BACKGROUND INFORMATION: 

•                     December 13, 2024, MHFC Approved NRP Lone Star Development, LLC as the Qualified Developer selected from the RFQ for the next Public Private Partnership deal.

•                     An evaluation team comprised of MHFC board members, City Council, and city staff reviewed and ranked the submissions based on the evaluation criteria listed within the RFQ.

•                     In response to all notices published, four submissions were received prior to the deadline of October 10, 2024.

•                     The RFQ was issued on September 22, 2024.