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Council approves Avante Hills senior housing inducement and rezoning for age‑restricted complex
Summary
Mesquite council approved a 'no objection' resolution for KCG Avante Hills LP to pursue 4% housing tax credits and later approved PD rezoning for an age‑restricted multifamily project. Staff said the financing award and MHFC inducement make the bond application time‑sensitive.
The Mesquite City Council approved a series of actions Sept. 15 to support a proposed age‑restricted affordable senior housing development proposed by KCG Avante Hills LP.
Ted Chinn, director of finance, explained the request for a resolution of no objection is a required step in a developer’s application for 4% housing tax credits and for private‑activity bonds; Chinn…
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