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Anna council schedules May workshop to review HFC/PFC partnership tools after council debate
Summary
Council directed staff to prepare a work session on HFC/PFC incentive structures for May, with members citing a need for complete background on current contracts, vacancy and fiscal implications before any policy change.
The Anna City Council voted March 11 to schedule a May workshop to review the city’s use of Housing Finance Corporation (HFC) and Public Facility Corporation (PFC) incentive structures and to receive legal and policy guidance on future use.
Councilman Tothan requested the item be placed on a future agenda after researching whether the city still needed HFC/PFC arrangements for some apartment and development incentives. City staff recommended a work session that would…
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