Step one, on Monday night, was approving the ground lease for the proposal, which the Council approved 10-2. Next up will be the Planned Unit Development (PUD) rezone request, which will go before the Regional Planning Commission for recommendation later this month, before proceeding to the council for approval or disapproval.<\/p>\n
![\"A](\"https:\/\/www.newsbeep.com\/us-pa\/wp-content\/uploads\/2026\/04\/Frosty-Morne-proposed-site-plan-rendering.jpg\")
A proposed redevelopment of Frosty Morn for senior housing (Contributed, City of Clarksville)<\/p>\n
Updated project background, City Council coverage<\/p>\n
The\u00a0Frosty Morn building<\/a>, a meat packing factory that was in operation from 1948 to 1977, has sat empty for decades. It\u2019s in downtown Clarksville off of Kraft Street, at Frosty Morn Drive and Red River Street. Now, a city proposal has been submitted for the redevelopment of the property that looks to create approximately 65 units of income-restricted housing for seniors 55 and older.<\/p>\n During the meeting, Clarksville Neighborhood & Community Services Director Michelle Austin confirmed that the development is expected to leverage private and federal investment through the Low-Income Housing Tax Credit program, allowing the city to support the creation of affordable housing without direct capital investment.<\/p>\n The City of Clarksville would enter into a long-term lease with SOCAYR Inc.<\/a>, a Kentucky-based nonprofit with experience developing and managing affordable housing for older adults, according to previous reports. SOCAYR would finance, construct and manage the housing community through a 75-year ground lease.<\/p>\n \u201cAt the end of that term, ownership of the improvements returns to the city, or is available to the developer at the appraised rate,\u201d Austin said. \u201cImportantly, this lease agreement is contingent upon the developer receiving those tax credits. Meaning, the project only proceeds if the financing is successfully secured.\u201d<\/p>\n Accelerated Frosty Morn project timeline<\/p>\n Austin apologized for the resolution coming before the City Council in the form of a special session meeting. \u201cAs we have worked to finalize the requirements for this upcoming low-income tax credit application, we are bringing forward the items necessary for the developer to demonstrate site control and zoning readiness,\u201d she said.<\/p>\n \u201cI also appreciate your willingness to consider this request on an accelerated timeline as we work to position Clarksville competitively for this funding opportunity. I do want to mention that there have been a lot of conversations that have taken place at the state level to ensure Clarksville-Montgomery County is more competitive for these tax credits. We haven\u2019t had had a development like this approved in some years, so we are really excited, and we think this is that big project here for Clarksville.\u201d<\/p>\n Reference of housing needs assessment<\/p>\n