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Council tables Tomball Square senior‑housing tax credit support after public concern and questions
Summary
Council members delayed action on a resolution supporting a developer's application for 9% housing tax credits for a proposed 55+ senior housing project near the toll road, citing location concerns and community opposition; staff and the developer said the proposal uses Section 42 LIHTC rules and is intended to provide deeply affordable senior units.
The Tomball City Council voted on Feb. 2 to table consideration of a resolution that would support a developer’s application for 9% low‑income housing tax credits for a proposed 55+ senior housing project known as the Enclave at Tomball Square.
Matthew Malmquist of Meridian Development presented the proposal and said the project was modeled at roughly 114 units on about 3.4 acres and would be financed using Section 42 low‑income housing tax credits. Malmquist estimated project cost near $29 million and projected initial city tax revenue of roughly…
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