Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Adams County planners push to assign 2025 private activity bond cap to Maker for affordable housing projects
Summary
County staff recommended assigning the county’s 2025 private activity bond (PAB) allocation to Maker Housing Partners to support preservation and new-construction affordable housing projects, and commissioners agreed to place an assignment resolution on the Sept. 2 agenda and submit the assignment to the state by Sept. 15.
Adams County staff recommended assigning the county’s 2025 private activity bond allocation to Maker Housing Partners to support two affordable-housing projects in the county, and developers said the PAB award is critical to securing low-income housing tax credit equity.
Why it matters: Private activity bonds are a limited, federally-authorized tool local issuers can assign to multifamily affordable housing projects. County staff and developers said PAB allocation is often a linchpin that leverages substantial federal tax-credit equity for preservation and new construction of affordable units.
Erica (county staff) and Maker affiliates told the commissioners the county’s…
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
