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Council backs resolution supporting Park Point housing tax‑credit application, tentatively commits $91,280 for Acorn Trail extension
Summary
Council adopted a resolution expressing support for Park Point affordable housing's MHDC tax‑credit application and indicated a city commitment to extend a segment of the Acorn Trail, with a project estimate of $91,280 to be tied to the development timeline.
The Rolla City Council voted Sept. 3 to adopt a resolution supporting Park Point, an affordable‑housing proposal, and signaled the city would commit to extend a segment of the Acorn Trail in coordination with the project — a trail extension staff estimated at about $91,280.
Dawn (staff member) described the development as a proposed 2‑story design with about 40 units, a mix of two‑, three‑ and four‑bedroom apartments and a rent mix that targets households at 30% and 60% of area median income (AMI) along with some market‑rate units. The developer’s application to the Missouri Housing Development…
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