News
$10 million Temple project OKd
Published: August 1, 2001
Local officials celebrated Tuesday after a project that will mean $10 million in new development in East Temple was funded by the governing board of the Texas Department of Housing and Community Affairs."We're just delighted about it," Temple Mayor Keifer Marshall Jr. said of the selection of "The Village at Meadow Bend" for funding in the Low Income Housing Tax Credit program. "We're going to have a development over there that we can be proud of."Seventy-five percent of the 138 planned apartment units on Martin Luther King Jr. Drive will be subsidized for low-income housing.The project was designed and presented by the Encinas Group of San Diego, Calif.Both the Temple City Council and the Temple Housing Authority Board of Directors voted in February to support the Encinas project in the highly competitive process for tax credit funding."Temple had three projects that all scored well in their own right," Gary Schmidt, chairman of the housing authority's board, said. "I think the Encinas project was a superior project overall, and TDHCA concurred with that." by Anna Foster