photo by: H2B Architects

A rendering shows a proposed mixed-use building that would provide senior housing and commercial space near 11th and New Hampshire streets.

The Lawrence school board on Monday will consider a tax rebate plan that would aid in the development of an affordable housing project in downtown Lawrence.

As the Journal-World reported, the New Hampshire Lofts project is expected to provide just under 50 affordable housing units for people 55 and older. The long-vacant lot is on the east side of New Hampshire Street just north of the 11th and New Hampshire intersection. The project has already been awarded roughly $17 million in state and federal tax credits.

The project has already received unanimous approval from the Lawrence City Commission, Douglas County Commission and the Public Incentives Review Committee.

Under the terms of the Neighborhood Revitalization Area rebate program, the city, Douglas County and the Lawrence school district each will continue to receive 100% of the property taxes generated by the property, with the 95% rebate applying to the value of the new improvements made to the property, which is being developed by Tony Krsnich with Flint Hills Holdings Group LLC.

Also in its consent agenda, the board will consider approving a policy that would bring the district into compliance with a new state law that governs the transfer of nonresident students into the district.

The board meets at 6 p.m. Monday at district offices, 110 McDonald Drive.