Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2022-33R, providing no objection to the submission of an application for low income housing tax credits to the Texas Department of Housing and Community Affairs for the proposed LIV at Whisper Hills (55+) Multifamily Housing Project (LIHTC-21-02) located in the 500 Block of Celebration Way; approving findings related to the application;
imposing conditions for such non objection; approving an associated agreement under which the owner of the project will make an annual payment in lieu of taxes in the amount of $11,000 annually; providing authorization for the execution of said agreement and the execution and submission of documents related to the application; and declaring an effective date; and consider approval of Resolution 2022-33R.
imposing conditions for such non objection; approving an associated agreement under which the owner of the project will make an annual payment in lieu of taxes in the amount of $11,000 annually; providing authorization for the execution of said agreement and the execution and submission of documents related to the application; and declaring an effective date; and consider approval of Resolution 2022-33R.