Municue

1017 W Slaughter Lane (File 26-2543)

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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 multifamily development to be financed through the private activity bond program and to be known as Verbena Flats, located at or near 1017 W Slaughter Lane, Austin, Texas 78748. Funding: This item has no fiscal impact. Approving this resolution does not constitute any obligation of the City with respect to funding. This resolution will support the applicant’s application for federal 4% non-competitive housing tax credits.

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Housing Programsite_specificCity Council
A resolution is proposed to support Verbena Flats LP's application for federal 4% non-competitive housing tax credits to build a multifamily development called Verbena Flats at or near 1017 W Slaughter Lane. The project would be financed through the private activity bond program, and approving the resolution does not obligate the City to provide any funding.
1 eventFirst seen Sep 24, 2026Last activity Sep 24, 2026File #: 26-2543
Topics
housing
public_hearing
development
bond
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Developer

Confirm status of Slaughter Lane tax credit resolution of support

Applies if: You are developing, financing, or competing for affordable housing credits near 1017 W Slaughter Lane

Why now: File 26-2543 on 2026-09-24 lists a public hearing and resolution supporting the 4% non-competitive credits through the private activity bond program, with no outcome recorded and an unknown next step.

What to do: Before relying on local support for the Verbena Flats 4% housing tax credit application, get written confirmation from the City Clerk of whether the resolution was acted on. The item states it creates no City funding obligation, so the resolution is only support for the application, and its status matters for any competing or follow-on filings.

Act before: After the next material record update

Source: City Council — Sep 24, 2026 →
Journalist

Ask why Verbena Flats tax credit hearing has no recorded outcome

Why now: The only record, File 26-2543, shows the 2026-09-24 City Council public hearing on the Verbena Flats LP application for 4% tax credits at 1017 W Slaughter Lane with 'No outcome recorded' and no next step.

What to do: Ask the City Council clerk what happened to the Verbena Flats housing tax credit resolution at its September 24 hearing, and who is behind the Verbena Flats LP applicant. Without an outcome on record, readers cannot tell whether the resolution was approved, postponed, or withdrawn.

Act before: After the requested records are produced

Source: City Council — Sep 24, 2026 →

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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 multifamily development to be financed through the private activity bond program and to be known as Verbena Flats, located at or near 1017 W Slaughter Lane, Austin, Texas 78748. Funding: This item has no fiscal impact. Approving this resolution does not constitute any obligation of the City with respect to funding. This resolution will support the applicant’s application for federal 4% non-competitive housing tax credits.