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HomeMy Public PortalAbout1994_04_26_R084 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED April 26, 1994 94-84 ADOPTED April 26, 1994 SUPPORTING THE APPLICATION BY EVANS RIDGE LIMITED PARTNERSHIP TO THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR AFFORDABLE HOUSING TAX CREDITS AND/OR FUNDING FROM THE VIRGINIA HOUSING PARTNERSHIP WHEREAS, Evans Ridge Limited Partnership is proposing to construct 150 two and three bedroom apartments, a clubhouse, outdoor recreation and ancillary facilities on approximately ten (10) acres located on the south side of Fort Evans Road Extended, east of the Route 15 bypass; and WHEREAS, This property was rezoned for this type of use on July 14, 1992 with the approval of ZM-132, Leesburg Associates, from R-1 to R-16 zoning with proffers; and WHEREAS, 40 units will be affordable to residents at or below 50% of median income with the remaining 110 units affordable to residents at or below 60% of the area median income; and WHEREAS, this application by Evans Ridge Limited Partnership for affordable housing tax credits was made on March 31, 1994 to the commonwealth, which requires that comments from the municipality be provided by May 6, 1994; and WHEREAS, the Town Council previously supported a similar tax credit application for the adjacent Governors Square site in 1991; and WHEREAS, the Planning and Zoning Committee of the Town Council recommended on April 19, 1994 that a resolution of support be prepared regarding this application; and THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: A RESOLUTION: -2- SUPPORTING THE APPLICATION BY EVANS RIDGE LIMITED PARTNERSHIP TO THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR AFFORDABLE HOUSING TAX CREDITS AND/OR FUNDING FROM THE VIRGINIA HOUSING PARTNERSHIP The March 31, 1994 application by Evans Ridge Limited Partnership to the Virginia Department of Housing and Community Development for Low Income Housing Tax Credits and/or funding fi.om the Virginia Housing Partnership is hereby supported by the Town of Leesburg as this development is designed to help meet the housing needs of low to moderate income citizens in our community. PASSED this 26th day of April , 1994. ATTEST: Clerk o~ C~uncll James E. Clem, Mayor Town of Leesburg