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University City proposal marries rental apartments, for‑sale townhomes and an affordability commitment
Summary
A petitioner proposed 324 rental apartments and 73 for‑sale townhomes in University City, including a zoning commitment for at least 100 units at 80% AMI and partnerships with Ascension CDC for homeownership supports; staff and council asked for more detail on infrastructure and long‑term affordability.
A large mixed‑income proposal in University City drew support from some economic development advocates and detailed questions from council on Nov. 24.
The petition would allow up to 324 rental apartments and 73 for‑sale townhomes on a multi‑parcel site. The developer committed to at least 100 units restricted to households at or below 80% of AMI for the duration of a land lease and described a partnership with Ascension CDC to add homebuyer education, a 15‑year…
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