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Council approves resolution allowing Lubbock Housing Finance Corp. to issue up to $22M for Ella Apartments

Lubbock City Council · January 13, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a public hearing with no speakers, the council approved a resolution authorizing tax‑exempt multifamily housing revenue bonds not to exceed $22 million for rehabilitation and equipment at the Ella Apartments; staff said the bonds are standalone obligations and the city has no liability.

The Lubbock City Council approved a resolution Jan. 13 authorizing the issuance of tax‑exempt multifamily housing revenue bonds of up to $22,000,000 by the Lubbock Housing Finance Corporation for the benefit of an entity described as 1102–58th Street, Lubbock Apartments LP…

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