Verbena Flats
Key facts
- Latest action
· City Council
- Money
$8.0M in total financial activity across agenda items that mention this project.
Largest single item: $8.0M on (Authorizes a loan agreement of up to $8,000,000 for Verbena Flats, a multifamily rental development near West Slaughter Lane. Funding is available through 2022 General Obligation Bonds.)
- Case
- 1017 W Slaughter Lane (File 26-2543) — active, last event
Mention Frequency
Topic Distribution
Topics
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Related Entities
Connected Matters
Legislative threads where Verbena Flats is mentioned
1017 W Slaughter Lane (File 26-2543)
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Activity Timeline
September 2026
Public hearing and resolution supporting Verbena Flats LP's application for federal 4% non-competitive housing tax credits for the Verbena Flats multifamily development at 1017 W Slaughter Lane, financed through the private activity bond program. No city funding obligation.
Conduct a public hearing and consider a resolution related to an application by Verbena Flats LP, or an affiliated entity, for federal 4% non-competitive housing tax credits for the construction of a
April 2026
Authorizes a loan agreement of up to $8,000,000 for Verbena Flats, a multifamily rental development near West Slaughter Lane. Funding is available through 2022 General Obligation Bonds.
Authorize negotiation and execution of a loan agreement and related documents with Verbena Flats LP, or an affiliated entity, in an amount not to exceed $8,000,000 for a multifamily rental development