During Thursday’s Work Session meeting, Hays City Commissioners will discuss two low-income housing economic incentives. The Commission will consider a resolution Evidencing an Intent to Issue Industrial Revenue Bonds (IRBs) for the Pioneer Project. Overland Property Group, LLC seeks to develop the property located on the north side of I-70 and west of the termination of W. 45th Street, adjacent to 221 W. 43rd Street, into a new affordable multi-family residential complex, together with related parking and internal improvements. The developer estimated the total cost of the project to be approximately $9M consisting of half a million dollars for acquisition of the property and $8.455M in construction, furnishing and equipment costs.
Read more: Hays Daily News
