Local developer pitches multifamily/LIHTC approach for Parcel 43 to address workforce housing
A local speaker said Parcel 43 (the former Brandy Station Technology Zone) is best suited for multifamily development using low-income housing tax credits and asked the board to work with staff on a proposal to address workforce housing needs.
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David Martin of the Stevensburg District addressed the board about potential uses for Parcel 43, the property formerly identified as the Brandy Station Technology Zone, and said he believes multifamily housing financed with the low-income housing tax credit (LIHTC) program may be the most viable option to meet local workforce housing needs.
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