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Mesquite council backs developer's request for 111-unit affordable housing tax credit support
Summary
The City of Mesquite voted 6-1 to adopt a resolution supporting 930 Military Parkway Living Ltd.'s application for 2024 competitive 9% housing tax credits and to certify possible property tax exemption if the project partners with the Mesquite Housing Finance Corporation.
The Mesquite City Council voted 6-1 to approve a resolution supporting 930 Military Parkway Living Limited’s application for competitive 9% housing tax credits to build an approximately 111-unit affordable rental development at 930 Military Parkway.
The resolution, introduced during the council’s public hearings, affirms local support needed by the developer for an award from the Texas Department of Housing and Community Affairs and authorizes the city secretary to certify the resolution to the state agency. City staff said the project would be eligible for a 100% property tax exemption if it completes a…
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