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Court issues non-objection for Linden Ranch Apartments; developer details PILOT that returns $100,000 annually to county
Summary
Comal County Commissioners Court approved a statement of non-objection for Linden Ranch Apartments, a Class A multifamily project in partnership with the New Braunfels Housing Authority. Developer Curtis Thigpen said the project will pay a $150,000 annual PILOT, with $100,000 annually designated for the county.
The Comal County Commissioners Court approved a statement of non-objection for the proposed Linden Ranch Apartments on Loop 337, a multifamily development the developer described as a Class A project to be developed in partnership with the New Braunfels Housing Authority.
Curtis Thigpen, the managing principal and developer, told the court the deal would be structured through a Chapter 392 arrangement and include an affordable…
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