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Council approves McHenry Senior Commons development agreement after debate on fees and parking
Summary
The council approved an ordinance authorizing a development agreement and related plat actions for McHenry Senior Commons, a 40-unit age- and income-restricted apartment project financed with low-income housing tax credits. Council discussion centered on water/sewer impact fee methodology and parking.
The McHenry City Council on March 3 approved an ordinance authorizing the mayor to execute a development agreement with McHenry Senior LLC for the McHenry Senior Commons, a proposed 40‑unit, age‑restricted multifamily development financed through low‑income housing tax credits.
The council vote cleared three related actions: authorization to execute the development agreement, approval of a final plat for the Houston Funeral Home resubdivision, and release of memoranda of understanding referenced in the staff packet. The project is age‑restricted to residents 62 and older and includes units set at income limits tied to area median income under…
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