Posts Tagged ‘IRS’

Community and Development: A Critique

Rowlett Texas

On May 13th, the Rowlett Community Center played host to one of the most amazingly bizarre spectacles I’ve seen in my 12 years in architecture.  A developer, Community Retirement Center of Rowlett, LLP, has chosen a location in Rowlett, TX (a sleepy little bedroom community, just outside of Dallas) in which to locate a TDHCA tax credit senior living development.  Now, to be clear, this is not managed care or a nursing home, these are apartments that are intended to cater to low income seniors (55+ yrs old).  You cannot get into the development unless you are at least 55 (or as young as 45 if the spouse of a someone 55+).

The developer started out with an adequate, if graphically underwhelming powerpoint that explained the TDHCA tax credit process, how Rowlett was rated by that organization as a 5 out of 6 on an internal scale of ‘need’ for this sort of facility, and about the requirements of the residents.  The age restrictions are noted above, and if I remember correctly the income levels for the 16 low-income units were +/-$14,000 for a single person, +/-$19,000 per year for a couple. Read the rest of this entry →

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05 2010