Financial Analysis - 6400 FM 969 / Urban Empowerment Zone
The CBRE report for FM 969 Apartments in Austin, Texas, commissioned by the Travis County Facilities Corporation, evaluates a proposed multi-family development with 360 units split into for-profit and non-profit components. The project relies on TCFC for tax exemptions. The for-profit site with 280 units is feasible only with rent restrictions and tax abatements, while the non-profit site with 80 units requires additional public assistance for feasibility.
Projects
All projects referenced in this resolution.
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