E Daggett

What E Daggett's governing documents say

E Daggett is a mixed community in Fort Worth, TX. Some lots (Lots 1-2) are subject to a 1963 deed restriction requiring a minimum 1300 sq ft home with at least 75% brick exterior. One property, The Magnolia (Lot 39), is a Low-Income Housing Tax Credit (LIHTC) development with an elderly preference, binding the owner to income and rent limits for 100% of units. These rules are not typical HOA restrictions; they are land-use covenants on specific parcels.

• Deed restrictions (Lots 1-2): Any residence built on Lots 1 or 2 must have at least 1300 sq ft of floor space and at least 75% brick exterior. These restrictions run with the land.
• Affordability (The Magnolia): The Magnolia must lease 100% of its units to households earning 60% or less of Area Median Gross Income (AMGI). Rents are restricted accordingly, and compliance is required for the extended use period (minimum 30 years).
• Age restriction (The Magnolia): The Magnolia operates as an elderly preference development, meaning preference is given to households meeting the HUD elderly definition (likely 62+ or 55+). Specific age thresholds are not detailed in the excerpt but are defined in Addendum B.
• Renter protections (The Magnolia): Tenants cannot be evicted without good cause, and rent increases are limited to those permitted by Section 42 of the IRS Code. The Department, tenants, and private parties may enforce these restrictions.
• Who these rules bind: The 1963 deed restrictions bind all owners of Lots 1-2. The LIHTC covenants bind the owner/landlord of The Magnolia, not residents directly. Prospective tenants of The Magnolia should be aware of income and elderly preference requirements.
• What these documents don't cover: These documents do not address typical HOA rules such as architectural review (beyond the 1963 restrictions), parking, pets, leases, or common area maintenance for the broader subdivision. They apply to specific lots only.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.