An affordable housing development will get no objection from the city if it applies for low-income housing tax credits from the state.
The Riverstone multifamily housing project, to be located at 1430 Wonder World Drive, will provide 336 units, all of which would be affordable housing units, at 51-60 percent of area median income. Council approved a resolution providing no objection to the submission of an application for low income housing tax credits to the Texas Department of Housing and Community Affairs.
The city council had voted Feb. 5 to postpone the resolution until after a discussion at the Feb. 25 Workforce Housing Committee Meeting.






