Texas Department of Housing and Community Affairs AgendaPacket 2026-06-04
Summit Senior Village LURA Amended for Elderly Extension
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Description
The Board approved a material amendment with MAEDC Gainesville Seniors, L.P., extending the elderly designation throughout the 40-year affordability period for Summit Senior Village. The LURA is officially amended as of June 4, 2026.
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 (extension; originally 15-year compliance period ended December 31, 2020)
Renewal Date
2043-12-31
Renewal Info
Extension from original 15-year period to full 40-year affordability period for elderly designation.
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Related Contracts
Issuing Agency
Texas Department of Housing & Community Affairs
Local Housing Authority
Austin, TX
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