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Commission approves amended incentives for Morrill Flats workforce housing project
Summary
Commissioners approved an amended development agreement and authorization for multifamily housing revenue bonds for the Morrill Flats project at 716 Morrill Street, allowing the project to expand from five to seven rental workforce units and increasing the workforce-housing sales-tax allocation to $125,000; vote was 5–0.
The Manhattan City Commission approved an amendment to the development agreement and authorized multifamily housing revenue bonds for the Morrill Flats workforce-housing project at 716 Morrill Street.
Stephanie Peterson, director of community development, told the commission that developers asked to increase the project from five to seven rental workforce units after discovering recent parking-regulation changes that allow two additional units on the same parcel. The total projected project cost rose from about $800,000 to…
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