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A Dallas real estate developer who bribed two city officials pleaded guilty on Tuesday.
Sherman Roberts, the former head of City Wide Community Development Corporation, paid thousands of dollars to Mayor Pro Tem Dwaine Caraway and city council member Carolyn Davis, according to court documents.
In exchange, Caraway and Davis would support loans and low income housing tax credits for Roberts’ affordable housing projects in 2015.
Documents show Roberts paid several thousand dollars in cash and promised future payments to Davis for real estate projects, including Serenity Place, Runyon Springs, and Patriot’s Crossing.
Davis promoted Serenity Place to the City Housing Committee, told other developers to pull their applications, recommended a 9% low income housing tax credit and voted to approve a $1.9 million loan from the City of Dallas.
Davis and Roberts also met with Caraway about City Wide Community Development Corporation’s Patriot’s Crossing project.
Caraway was paid several hundred …