Summit Senior Village LURA Amendment Extends Elderly Status
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Description
The TDHCA Board approved a material amendment to the LURA for Summit Senior Village, owned by MAEDC Gainesville Seniors, L.P., extending elderly housing restrictions for the full 40-year period. The owner certified compliance and held a public hearing with community support.
Contract Details
Vendor
MAEDC GAINESVILLE SENIORS LP
Agency
Texas Department of Housing & Community Affairs, TX
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
40-year affordability period
Renewal Info
Amendment extends elderly designation from the initial 15-year compliance period through the 40-year affordability period.
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Issuing Agency
Local Housing Authority
Austin, TX
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Texas Department of Housing and Community Affairs Governing Board Agenda 2026-06-04
Texas Department of Housing and Community Affairs Governing Board Agenda 2026-06-04
Texas Department of Housing and Community Affairs Governing Board Agenda 2026-06-04
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