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An 84-unit apartment complex won’t be the new neighbor on a piece of land zoned for multi-family housing after the McKinney City Council voted to deny a low-income housing tax credit.
The property is situated off Ridge Road and Virginia Parkway.
The real estate developer asked for the tax credit to bring in affordable housing apartments near McKinney’s Dowell Middle School, a retirement community and the Trinity Presbyterian Church.
McKinney city council members voted, 4-3, to deny the tax credit.
Look for the land close to Chateau retirement community, the church and the school to come before planning and zoning again west of U.S. 75.
The McKinney YMCA is near where the apartments would have gone up west of Ridge Road in this area that’s south of Virginia Parkway.
Did you know? Allen, Texas, is home to many businesses, and the Allen Economic Development Commission is proud of every single one. From a diverse, well-educated population to our business-friendly economic development corporation, Allen gives the companies that call us home the tools they need to succeed.
Video by Allen EDC
This page sponsored by friends of CollinCountyMagazine.com on behalf of the Allen EDC
The MCDC is all about Enhancing Quality of Life in McKinney, Texas.
How can you get involved?
Since 1996, the McKinney Community Development Corporation has been dedicated to making McKinney, Texas, an even better place for its residents to live and enjoy life.
By funding community and economic development projects, we strive to honor our past, celebrate today and plan for our future. McKinney’s population is growing at a record pace, but we are committed to holding fast to the small town values that make McKinney such a special place to live, work and visit.
Learn more at http://www.mckinneycdc.org/
What is the story behind Adriatica Village in McKinney TX on Virginia Parkway and Stonebridge?
What’s This Croatian Village Doing In Mckinney, Texas? | Money | TIME
Developer Jeff Blackard built a Adriatica, a Croatian-inspired village in McKinney, Texas ‘” #1 among Money’s Best Places to Live. He wants to redefine American communities.