New Braunfels Housing Authority proposes tax incentives for Linden Ranch Apartments

Concerns over affordable housing and developer incentives took center stage at the New Braunfels City Council meeting on June 9, 2025. The discussion highlighted the New Braunfels Housing Authority's plans for a new development on Loop 337, which is set to include 300 apartment units, with half designated for low-income residents. However, the absence of elevators in the proposed four-story building raised alarms among council members, particularly regarding accessibility for elderly residents.

Critics voiced strong opposition to the financial arrangements tied to the project, labeling them as a "tax giveaway" to developers. The Housing Authority, appointed solely by the mayor, is facilitating the development through tax credits, which some council members argue could burden taxpayers. The proposed financial terms include a $750,000 closing fee and a 25% sales tax savings for the developers, alongside a payment in lieu of taxes (PILOT) agreement that would see the city receiving $150,000 annually, with a 3% increase each year.

The meeting also underscored the lack of public engagement, as many residents were unaware of the details surrounding the project. Council members called for a public meeting to better inform District 3 residents about the financial implications and benefits of the development, particularly concerning the New Braunfels Independent School District (NBISD), which was notably absent from discussions.

As the city moves forward with this significant housing initiative, the implications for local taxpayers and the community's most vulnerable residents remain a pressing concern.