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HomeMy WebLinkAboutRES 022205-S - Wesleyan Homes Tax CreditA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, SUPPORTING AND ENDORSING THE EFFORTS OF WESLEYAN HOMES TO OBTAIN HOME AND/OR HOUSING TRUST FUNDING AND HOUSING TAX CREDITS TO REHABILITATE WESLEYAN RETIREMENT HOME AT 1105 CHURCH STREET, GEORGETOWN, TEXAS, INTO 52 UNITS OF AFFORDABLE SENIOR HOUSING RESOLUTION NO. 0 Z-ZW5- S WHEREAS, the City of Georgetown recognizes the importance of housing for senior citizens, and WHEREAS, the City of Georgetown supports the preservation of affordable rental units for senior citizens, and WHEREAS, Wesleyan Homes, Inc., is proposing to rehabilitate its senior retirement community, Wesleyan Retirement Home, into 52 affordable apartments for seniors, and WHEREAS, Wesleyan Homes, Inc. will submit an application to the Texas Department of Housing and Community Affairs on or prior to March 1 2005, requesting an allocation of HOME and/or Housing Trust funding and an allocation of Housing Tax Credits for this purpose. NOW, THEREFORE, BE IT RESOLVED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS THAT: That the Council of the City Georgetown supports and endorses the efforts of Wesleyan Homes to obtain HOME and/or Housing Trust funding and Housing Tax Credits to rehabilitate Wesleyan Retirement Home at 1105 Church Street, Georgetown, Texas, into 52 units of affordable senior housing. PASSED, APPROVED, AND ADOPTED this d day of February 2005 THE CITY OF GEORGETOWN Approved as to form: atricia E Carls, City Attorney Attest: Sandra D. Lee, City Secretary Wesleyan Homes, Inc. Resolution No. 012 Z2O, -,' Page 1 of 1