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TDHCA board approves 9% housing tax credits for The Commons at St. Anthony's
The board of the Texas Department of Housing and Community Affairs approved housing tax credits for the project on July 23, 2020, according to KVII. City staff memos later described it as a 2020 award of 9% Low Income Housing Tax Credits. KVII named KRS Housing, LLC of Austin, whose managing member is former U.S. Representative Kent Hance, and The Commonwealth Companies of Wisconsin as the developers.[1][2]
KRS Housing, LLCThe Commonwealth Companies (Commonwealth Development)
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KVII reported that the TDHCA board approved housing tax credits for The Commons at St. Anthony's on July 23, 2020, with construction expected to start in spring 2021 and units available in summer 2022. City staff memos describe it as a 2020 award of 9% Low Income Housing Tax Credits. [1][2]
- ✓ Verified
KVII named KRS Housing, LLC of Austin and The Commonwealth Companies of Wisconsin as the developers, with former U.S. Representative and Texas Tech Chancellor Kent Hance as KRS Housing's managing member, and the St. Anthony Legacy & Redevelopment Corp. as a supporter of the project. [1]
