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Developer outlines Avanti family housing tax-credit project for Robinson
Summary
Henry Flores of Madhouse Development Services presented an informational update on a proposed ~90-unit Avanti family property adjacent to a funded 93-unit senior project, explained LIHTC financing, unit mix and rents tied to area median income bands, and asked the council for a $500 local contribution for scoring purposes (no city funds requested).
Henry Flores of Madhouse Development Services presented an informational overview of a proposed tax-credit-funded multifamily project in Robinson, called Avanti (family product), sited adjacent to an already-funded 93-unit senior development.
Flores described the Low-Income Housing Tax Credit (LIHTC) mechanics and scoring process and said his firm has a 30-year record of developing similar projects across Texas. He said the Robinson family property is expected to be about 90 units, will remain within the existing multifamily zoning with no requested waivers, and is designed to include high-quality finishes and resident services. Flores characterized the project as…
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