ABOUT THE ARROYO CROSSING DEVELOPMENT
In 2017, MACLT received a generous donation of land that will be developed into permanently affordable housing in a development called Arroyo Crossing.
MACLT will use New Market Tax Credits and loans to construct infrastructure improvements needed to serve the 248 residential units and one community building in the first phase (there are 300 total units and 3 community buildings in the master plan). The new roads will provide an additional connection between the Spanish Valley’s two primary transportation corridors: US-191 and Spanish Valley Drive.
Long-term, this project will provide housing opportunities for hundreds of local families and workers, and public health systems. MACLT plans to provide a childcare center (an allowed use within the underlying zone) which will serve children of the local workforce.
MACLT intends to develop the project in two or more phases, with the first phase constituting the majority of the infrastructure and units. However, all of the lots in the master plan will be subdivided concurrently, infrastructure designs will be completed for all phases and drainage improvements will be constructed as part of the first phase.