Special City Council Meeting September 3, 2026

The City of Georgetown held a Special City Council Meeting on September 3, 2026, primarily focused on discussing a proposed affordable housing development by WA Cooper Company. The developer requested a $300,000 loan from the city to help fund a new sewer pump station necessary for the project, which includes 60 affordable housing units as part of a multi-phase plan. The presentation detailed the financing structure involving low-income housing tax credits, local government loans at 2% interest over 30 years, and the competitive nature of securing state funding. The council also discussed the need for improved transparency and a formalized process for future affordable housing projects. Public comments reflected mixed community opinions, with concerns about traffic, safety, and process transparency. After deliberation, the council voted 4-3 in favor of moving forward with a conditional commitment letter for the loan, emphasizing the importance of developing affordable housing while acknowledging the need for better community engagement and policy guidelines going forward.