Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Rowlett HFC to issue tax‑exempt bonds for Lakeview Point senior housing; council approves TEFRA resolution
Summary
Council approved Jan. 21 a resolution authorizing the Rowlett Housing Finance Corporation to issue tax‑exempt bonds for the Lakeview Point Senior Living project to meet IRS requirements for low‑income housing tax credits.
Rowlett City Council on Jan. 21 approved a resolution allowing the Rowlett Housing Finance Corporation (HFC) to proceed with a tax‑exempt bond issuance supporting Lakeview Point Senior Living, a project completed and receiving certificates of occupancy in recent weeks.
Peter Arrutia, executive director of the Rowlett Housing Finance Corporation, and Melissa Fisher of RISE Construction described the project status: the property has received certificates of occupancy, the leasing effort is underway and residents are already moving into units. Arrutia and bond counsel…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
