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File #: 24-4462   
Type: Public Hearing Status: Agenda Ready
File created: 4/4/2024 In control: City Council
On agenda: 5/2/2024 Final action: 5/2/2024
Title: Conduct a public hearing and consider a resolution related to an application by 8000 Decker Lane (TX) Owner, LP, or an affiliated entity, for housing tax credits for a multifamily development to be financed through the private activity bond program and to be known as Eagle's Landing Family Apartments, located at or near 8000 Decker Lane, Austin, Texas 78724, within the City's extraterritorial jurisdiction.
Attachments: 1. Draft Resolution, 2. Backup, 3. Recommendation for Action
Date Action ByActionAction DetailsMeeting Details
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Posting Language
Title
Conduct a public hearing and consider a resolution related to an application by 8000 Decker Lane (TX) Owner, LP, or an affiliated entity, for housing tax credits for a multifamily development to be financed through the private activity bond program and to be known as Eagle's Landing Family Apartments, located at or near 8000 Decker Lane, Austin, Texas 78724, within the City's extraterritorial jurisdiction.

De
Lead Department
Housing Department.

Fiscal Note
This item has no fiscal impact.

Prior Council Action:
April 18, 2024 - Council set a public hearing for May 2, 2024, related to an application by 8000 Decker Lane (TX) Owner, LP, or an affiliated entity, for housing tax credits for a multifamily development to be financed through the private activity bond program and to be known as Eagle's Landing Family Apartments, located at or near 8000 Decker Lane, Austin, Texas 78724, within the City's extraterritorial jurisdiction.

For More Information:
Mandy DeMayo, Interim Director, Housing Department, 512-974-1091; Angela Means, Interim Deputy Director, Housing Department, 512-974-1534.

Additional Backup Information:
This action conducts a public hearing on an application that will be (or has been) submitted to the Texas Department of Housing and Community Affairs. The applicant, 8000 Decker Lane (TX) Owner LP, or an affiliated entity, seeks funding for the development through 4% Low Income Housing Tax Credits (4% LIHTCs) and private activity bonds. After the public hearing, Council will consider a resolution for the proposed development. The property is located within the City's extraterritorial jurisdiction.

Proposed Development
8000 Decker Lane (TX) Owner LP, an affiliate of April Housing and the Housing Authority of the City of Austin (HACA), is planning to acquire and rehabilitate a 240-unit multifamily development to be located at 8000 Decker Lane, Austin, Texas 78724. All 240 units within the community will be affordable to househol...

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