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Sweetwater authorizes LLC to finance, build and manage multifamily workforce housing
Summary
The commission approved a resolution authorizing formation of a limited liability company to finance, construct and manage a multifamily rental project that includes a workforce‑housing component; the resolution also approved waivers of certain impact fees and authorized the mayor and city attorney to establish the LLC.
The City Commission of the City of Sweetwater voted to authorize the creation of a limited liability company to finance, construct and manage a multifamily residential rental project that will include a workforce‑housing component. The resolution finds that the project serves a public purpose and authorized the mayor and city attorney to take steps to incorporate the LLC and…
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