For the second time, the city of McKinney is looking to partner with a developer to create an affordable housing community in the city.
McKinney City Council approved a request for qualifications May 17 to utilize a public-private partnership with the McKinney Housing Finance Corp. to create more affordable housing opportunities.
McKinney’s first request for qualifications of this nature took place back in 2018, which led to the creation of
The Independence community. The Independence recently opened and will hold a grand opening in the coming weeks, city staff said.
The request will remain open until it is rescinded. City staff specified that any project that comes from this request for qualifications would take place on the west side of US 75. There would be opportunities on this side of the city for potential rehabilitation of a current building or a new development completely, staff said.