Travis County commissioners will loan a private developer $1.8 million to build an affordable housing project near Lake Travis, in a unique deal for the county that would help the developer qualify for $10.8 million in federal tax credits.
Commissioners approved the loan this week for the proposed 120-unit Windy Ridge Apartments at 10910 RM 620 by Realtex Development Corp. The project is second on the state’s most recent rankings to receive the tax credits.
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