The College Station City Council recently supported an application for an affordable senior living development through the state’s low-income housing tax credit process. The Huntington at College Station complex, proposed by Mgroup Holdings Inc., was one of seven proposals the city received from developers that responded to a request for information the city released in September to solicit input for affordable elderly or family developments. On Thursday, the council unanimously supported Mgroup’s application for the Texas Department of Housing and Community Affairs’ tax credit program. College Station competes for the U.S. Department of Housing and Urban Development funds against other communities in its region, which extends up to the Waco area. Debbie Eller, director of community service, said at the meeting that it’s been 10 years since College Station has received an allocation of tax credits, which generate the capital for the construction of the project.
Source: Caitlin Clark