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More than 800 people signed an online petition opposing the development of an apartment complex in the Garden Oaks area that would have catered to low-income renters.
Those community members, who cited traffic and flooding concerns among the reasons for their opposition, can rest a little easier now.
New Orleans-based developer SBP, which planned to build a 60-unit complex on a 1-acre site at 909 Fisher St., did not receive the 9 percent federal housing tax credits it was seeking from the Texas Department of Housing and Community Affairs (TDHCA). As a result, a representative of the nonprofit developer said it will not be able to fund the project.