Paravel Capital gets resolution passed for apartment development
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Description
Resolution passed inducing the Lyndon Ranch Apartments development in partnership with Paravel Capital with incentives. It includes the proposed 303 affordable housing units with $750,000 closing fee, Sales Tax Savings, Annual PILOT etc.
Contract Details
Contract Amount
$750,000
Vendor
PARAVEL CAPITAL
Agency
New Braunfels Housing Authority, TX
Contract Type
Development Partnership
Document Date
May 29, 2025
Contract Term
NA
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Issuing Agency
Local Housing Authority
New Braunfels, TX
More from New Braunfels Housing Authority
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New Braunfels Housing Authority Board of Commissioners Meeting Packet May 2026
New Braunfels Housing Authority Board of Commissioners Meeting Agenda May 2026
new-braunfels-housing-authority-meeting-notice-2025-05-29_4f0.pdf
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