Title
Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by Habitat for Humanity of Collin County (4B26-06) in the Amount of Eight Hundred Thousand and NO/100 Dollars ($800,000.00) to Support Construction of Two Multi-Family Residential Buildings (One Five-Plex and One Six-Plex) in the Cotton Groves Development Located on Kings Row in East McKinney, and for Preparation of Two Currently Vacant Lots for Two New Homes Located on Canal Street. Amount Requested Represents 48.5% of Total Project Cost.
Summary
COUNCIL GOAL: 1: Direction for strategic and economic growth
1:1 Provide a strong economy by creating a Global Housing Strategy and facilitating a balance between industrial, commercial, residential, and open space.
5: Enhance Quality of Life in McKinney
5.3: Develop sustainable quality of life improvements within the City of McKinney
MEETING DATE: April 23, 2026
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
* McKinney Community Development Corporation will conduct a public hearing on a project grant application submitted by Habitat for Humanity of Collin County in the amount of $800,000.00 to:
o Support the construction of Two Multi-Family Residential Buildings (One Five-Plex and One Six-Plex) in the Cotton Groves Development Located on Kings Row in East McKinney; and
o Prepare Two Currently Vacant Lots for Two New Homes Located on Canal Street.
* The multi-family buildings in Cotton Groves and the two homes to be built on Canal Street will serve buyers with incomes below 60% AMI (Area Median Family Income).
BACKGROUND INFORMATION:
* Habitat for Humanity of Collin County has been building homes for working low-income families since its incorporation in 1992.
* HHCC serves a 24-city area in Collin County.
* HFHCC utilizes a two-pronged initiative for low-income families: construction of new homes; and exterior home repairs.
FINANCIAL SUMMARY:
* Fund...
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