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Topeka council approves RHID and development agreement for Johnson Betts Meadows
Summary
The Topeka City Council voted to establish the Johnson Betts Meadows Reinvestment Housing Incentive District and approved a development agreement for a 176‑unit affordable housing project that includes project‑based vouchers and a $4.6 million maximum RHID reimbursement.
The Topeka City Council voted May 12 to create the Johnson Betts Meadows Reinvestment Housing Incentive District (RHID) and approved a development agreement for a 176‑unit housing project on Southeast 31st Street north of Fremont.
Leah Boling, the city’s director of economic development, told the council the project carries an estimated total cost of $53,500,000 and that the development agreement sets a maximum RHID reimbursement of $4,600,000 paid on a pay‑as‑you‑go basis over 25 years. Boling said the development would include 106 project‑based vouchers and a mix of income‑restricted units: 61 units at 40% of area median income (AMI) or less, 27 units tied to…
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