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Affordable housing development in line for $50M in tax-exempt bond funding

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Affordable housing development in line for $50M in tax-exempt bond funding

A tax-exempt bond financing tool will be used to help a Kentucky-based developer create an affordable housing apartment complex in far southeast Austin. The project will create hundreds of units set aside for people making 60% or less of the area’s median family income. Click through to learn more about the project that could rise directly south of Circuit of The Americas. Also, subscribers can access ABJ’s latest list of multifamily housing developers.