MCDC approves $2.5 million infrastructure grant for McKinney Ranch Senior Living
The McKinney Community Development Corporation voted Feb. 26 to approve a $2.5 million project grant to Palladium McKinney Ranch for infrastructure supporting a 109‑unit senior living development, including 72 units targeted at households at or below 60% AMI; a public commenter said the project "cannot go forward" without the full award.
The full story
The McKinney Community Development Corporation on Feb. 26 approved a $2,500,000 project grant to Palladium McKinney Ranch for infrastructure related to a new independent senior living development. The board considered the application for a 109‑unit community at 5353 McKinney Ranch Parkway, with 72 units designated for seniors at or below 60% of area median income, according to the agenda description.
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