Developer preparing workforce-housing application that will seek state tax credits
Staff said a company (Commonwealth) is preparing a multifamily workforce-housing project submission for state tax credits; application materials are expected in June and will be reviewed by the city’s boards and commissions, with project viability hinging on receiving credits.
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City staff told the EDA a developer is preparing an application for state tax credits for a multifamily workforce-housing project, and that the application materials will arrive in June for municipal review.
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