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Council backs tax-credit applications for three apartment complexes; public speaker raises concerns about Lennar home sales
Summary
Council passed two resolutions supporting tax-credit applications for The Meadows, The Oaks and Paseo de Paz, and a public commenter raised documented concerns about a separate Lennar affordable-housing contract and sale prices.
On Jan. 14 the Kerrville City Council unanimously approved two resolutions supporting applications to the Texas Department of Housing and Community Affairs (TDHCA) for tax-credit funding for three apartment complexes: The Meadows, The Oaks and Paseo de Paz.
City staff presented the resolutions as required declarations for applicants seeking competitive federal/state low-income housing tax credits. Mr. Hornace (city staff) said the resolutions are renewals of support used in previous rounds; the properties would receive funds if they score competitively in TDHCA’s…
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