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Board defers $48 million Hamilton South inducement amid HUD voucher uncertainty
Summary
The board received a $48 million preliminary inducement request for a proposed new‑construction Hamilton South project but voted to defer action to March 17 while voucher availability with HUD remains uncertain.
Health, Education and Housing Facilities Board members heard a preliminary inducement request for up to $48,000,000 in multifamily housing revenue bonds to finance a proposed Hamilton South new‑construction project at 7610 Stanford Grama Road but voted to defer action until the March 17 board meeting.
Bond counsel described the proposal as a new construction, tax‑credit transaction involving a…
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