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Developer seeks Irving's exception to TDHCA distance rule for 72-unit adaptive reuse LITEC project
Summary
A developer asked Irving council for a resolution allowing an exception to the Texas Department of Housing and Community Affairs 1-mile rule and a resolution of support for a proposed mixed-use adaptive-reuse LITEC application at 2520 West Irving Boulevard; staff said the project would propose about 72 units at 80% AMI with a 45-year affordability period and may require zoning variances.
Developers seeking Low-Income Tax Equity Credit (LITEC) support asked Irving council for two resolutions at the Feb. 26 work session: (1) an exception to the Texas Department of Housing and Community Affairs (TDHCA) one-mile rule that can bar an application located within one mile of a recently awarded project serving similar populations, and (2) a resolution of local support that awards scoring points in the competitive application.
Planning staff said the proposed adaptive-reuse…
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