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Travis County approves PFC resolution for Thaxton (Paxton) Road apartments; 75‑year tax exemption and affordability period noted
Summary
Commissioners approved a Travis County Facilities Corporation (TCFC) resolution supporting a multifamily workforce housing project on Thaxton Road; staff flagged the 75‑year tax exemption and county oversight to monitor long‑term affordability and property condition.
Travis County Commissioners Court on Tuesday approved a resolution authorizing a proposed Travis County Facilities Corporation multifamily project known as the Thaxton Road Apartments (listed in county materials as Paxton/Thaxton Road), a public facility corporation (PFC) project sponsored by the Housing Authority of Travis County (HATC/TCFC).
Monique Coleman of the Supportive Housing Division briefed the court on PFC requirements and additional local prerequisites the county seeks for developers. The developer, NRP, provided required certifications including a commitment to begin construction within the county’s requested…
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