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Keene council approves Covington Acres cooperation, sells EDC land and greenlights Fairview Street contract changes
Summary
At its April 14 meeting the Keene City Council unanimously approved a resolution supporting a housing tax-credit application for Covington Acres, authorized a cooperation agreement, approved street contract changes for Fairview Street, and authorized the sale of an EDC-owned parcel at 526 Wallen Ridge.
The Keene City Council on April 14 unanimously approved a resolution supporting THF Covington Acres LP’s application to the Texas Department of Housing and Community Affairs for tax-exempt bond authority and housing tax credits, authorized a related cooperation agreement, approved adjustments to a Fairview Street improvement contract, and authorized sale of a roughly five-acre Economic Development Corporation parcel at 526 Wallen Ridge.
The council opened a required public hearing on the Covington Acres application under Texas Government Code section 2306.67071 and then closed the hearing before voting. The council then approved Resolution No. 2025-467, which the city presented as the formal local action necessary for the developer’s application to proceed. Allison, identified at the meeting as a representative with the housing…
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