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05-B Tax Credit Projects
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05-B Tax Credit Projects
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Last modified
9/12/2012 10:21:05 AM
Creation date
4/5/2002 5:42:42 PM
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Template:
AGENDA
Item Number
5-B
AGENDA - Type
RESOLUTION
Description
Low Income Housing Tax Credit Project Support
AGENDA - Date
4/8/2002
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RECEIVED <br />APR 0 12002 <br />HOUSING ASSOCIATES, INC. <br />Mazch 26, 2002 <br />The Honorable Michael Pfiester <br />Mayor <br />City of Paris <br />135 SE 1" Street <br />Paris, TX 75461 <br />Re: The Residences on Stillhouse Road <br />Dear Mayor Pfiester: <br />CITY 11QANAGER <br />PARIS, TEXAS <br />We have submitted an application to the Texas Department of Aousing and Community <br />Affairs for an allocation of tax credits to construct 76 units of rental apartments for elderly <br />residents on Srillhouse Road, just North of the City Limits in Lamar County. This project <br />is in comperition with another project in Paris, Paris Retirement Village, for an allocation <br />this yeaz. These projects have scored first and second in the region and one of them <br />should receive an allocation of tax credits this year. <br />Atthough our site is currently in the County, we have promised in writing, to voluntarily <br />annex the property upon purchase and a receipt of an allocation of credits. As a result, <br />our project will be constructed to meet all City standards. <br />We have requested support from both Representative Mark Homer and Senator Bill <br />RatGff. Both elected representatives have requested that we obtain a unanimous <br />resolution from the City, and, in our case, the County, to show that we have local support <br />for this needed property. Housing Associates of Paris, Ltd., the applicant requests a <br />resolution from the City supporting our application. We would be happy to meet with you <br />and the council to discuss our project. <br />Sin e~ <br />aniel Allgeier resident <br />Cc: Judge M.C. Supervilie, Jr. <br />enclosures <br />17103 Preston Road (972) 991-8606 <br />Suite 190 facsimile (972) 991-8766 <br />Dallas, Texss 75248 E-Mail - dailgeier@,alphaconst.net <br />
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