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Committee hears Broadway Villas housing plan, council discusses BDPI match and rail spur planning for industrial park
Summary
Housing authority staff presented a proposal for 12 owner‑occupied units (Broadway Villas) with about $978,382 in initial funding; council and committee discussed affordability, tax‑increment options and incentives. Separately, staff and Houston Engineering outlined an industrial‑park rail spur extension tied to an EDA award and a possible BDPI state grant match.
Housing and Economic Development Authority staff updated council and committee members on two development tracks: a proposed owner‑occupied housing project south of the Casey's site (Broadway Villas) and industrial‑park infrastructure that would extend rail service into the park.
Taylor, representing the housing authority, said the project would develop roughly six twin‑home buildings (12 units total) on a 3.5‑acre site and that the authority had secured about $978,381.72 in funding from various programs, including a Tier 2 Cities award and local funds. "We're looking to develop about six twin homes on that property...12 units of housing, all of which would be owner occupied," Taylor said. Staff said homes would be marketed to…
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