San Marcos City Council approved a tax credits "Resolution of No Objection" for a proposed age 55-plus low-income, multifamily housing project—Blanco Basin Multifamily Housing—on May 21.

A quick note

A “Resolution of No Objection” usually receives a recommendation from the Workforce Housing Committee, but the committee members did not have availability to meet, which is why the request was presented directly to council for consideration, according to agenda documents.

In a nutshell

The proposed housing project meets six out of the eight criteria for low-income housing tax credits, according to agenda documents, and will consist of one- and two-bedroom units.

Blanco Basin would be located at 221 E. McCarty Lane and provide units for those earning 30%-60% of the Austin area median income, or AMI.

The proposed project would also feature various amenities for residents, such as a fitness center, an enclosed dog park, barbecue grills and picnic tables. Other amenities include a library with a sitting area, community dining room and activity room with supplies.

Blanco Basin would also offer resident support services, including annual income tax preparation, an annual health fair, notary services during business hours and reporting rent payments to credit bureaus upon request.

What they're saying

Laura Dupont, vice president of development for Streamline Advisory Partners, said they felt like it was a great project.

"We're also excited to partner with the San Marcos Housing Authority," Dupont told Community Impact.