Summary
The county approved a Payment In Lieu of Taxes agreement for the Lyndon Ranch Apartments on Loop 337, securing $100,000 annually in revenue while supporting affordable housing in partnership with the New Braunfels Housing Authority.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
- Importance
- 1
Declining — being discussed less frequently. 0 mentions in the last 30 days.
Impact analysis
💰Financial impact
Returns $100,000 annually to the county with a 3% yearly escalation.
✅Who benefits
County taxpayers and residents needing affordable housing options.
Mentions & discussions (1)
Related development
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