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Lewisville is offering tax breaks to developers to build affordable housing. City leaders say it's a necessary tool to increase housing options, but some are questioning if the city is giving away too much.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 1 the 90 before that.
The city is committing to a $500 development incentive to support the tax credit application.
Low-income residents and potentially veterans in need of housing and supportive services.
Residents concerned about the concentration of affordable housing in their neighborhood.
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A developer wants to build 48 units of veteran-focused housing. The council is worried that the project might just become general low-income housing and not actually help the veterans who need it most.
The Council debated whether to support a new affordable housing project that aims to serve veterans. While members support veterans, they expressed concerns about clustering low-income housing in one area and the difficulty of guaranteeing that units will actually go to veterans.
City of Lewisville defends using controversial tax exemptions to build affordable housing development CBS News
Allows the repurposing of a former city facility for community youth services.
The new structure will be more durable and weather-resistant than the existing one.
Combines four properties into one lot to build two new industrial buildings.