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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
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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.