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Council approves Lubbock Housing Finance Corp. request for tax‑exempt conduit bonds for Hillcrest Manor
5454471 · July 23, 2025
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Summary
The council held a public hearing and approved a Lubbock Housing Finance Corporation request to issue up to $25 million in tax‑exempt multifamily housing revenue bonds for rehabilitation of Hillcrest Manor apartments; city clarified debts are conduit and not city‑backed.
The City Council held a public hearing and unanimously approved a request by the Lubbock Housing Finance Corporation to issue one or more series of tax‑exempt multifamily housing revenue bonds in an amount up to $25,000,000 for the benefit of E.C. Hillcrest Manor LLC. The…
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