Quantcast

Austin News

Sunday, December 22, 2024

City of Austin weighs proposed $22 million in bonds for senior housing development

Journatic

File photo

File photo

The Austin Housing Finance Corp. will discuss a proposal involving the issuance of bonds for a senior housing rental project during a public hearing on Feb. 18.

A City of Austin news release states MHP City Heights, an affiliate of McDowell Housing Partners, would be loaned up to $22 million in bonds to acquire, construct and operate a housing development for low and moderate-income seniors. The proposed City Heights Apartments would consist of 179 rental units and be located at 4400 Nuckols Crossing Road in Austin.

Individuals can submit written comments regarding the project to Austin Housing prior to the public hearing or speak during the hearing which is being held virtually for members of the public due to COVID-19 pandemic. All speakers must register in advance, according to the City Council Meeting Information Center Home webpage.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS