Articles About tax credits
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Village Council’s low-income housing talks press ahead
At the Monday, Aug. 19 regular Village Council meeting, the group agreed to begin the steps of convening an intergovernmental body, as well authorized $12,500 to cover future legal fees — both in the interest of pursuing $15 million in tax credits to build a 50-unit low-income housing development.
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Senior housing off, for now
An effort to build affordable senior housing on the Barr property downtown was thwarted last month when the project was denied its request for 2012 federal tax credits. However, project organizers consider the set-back only a delay, as they plan to re-apply in 2013.
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