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Res 2017-042/approving an amendment to the Affordable/Workforce Housing Policy that establishes criteria for the City Council’s consideration of requests to develop low income housing tax credits projects
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Res 2017-042/approving an amendment to the Affordable/Workforce Housing Policy that establishes criteria for the City Council’s consideration of requests to develop low income housing tax credits projects
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-42
Date
3/7/2017
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LIHTCP(LIHTC) <br />OW NCOME OUSING AX REDIT OLICY <br />1.LIHTCPLM-FD <br /> <br />OW NCOME OUSING AX REDIT ROJECTS FOR ARGE ULTIAMILY EVELOPMENTS ARE RESERVED FOR AGE <br />(55+)C. <br />RESTRICTED OMMUNITIES ONLY <br />a.Ensure that age restricted LIHTC projects provide adequate services to support the residents. <br /> <br />i.No exemptions from local taxes should be given. <br /> <br />ii.Locate projects in medium or high intensity zones on the Preferred Scenario Map. <br /> <br />iii.Locate projects in proximity to private services such as grocery, medical facilities, and <br /> <br />jobs. <br />iv.Locate projects within ¼ mile of bus stops. <br /> <br />v.Provide sidewalks along the street and pedestrian connections within the development. <br /> <br /> <br />2.GLIHTCP. <br /> <br />ENERAL OW NCOME OUSING AX REDIT ROJECTS ARE RESERVED FOR ONE AND TWO FAMILY LOTS ONLY <br />a.Ensure that LIHTC projects provide adequate services to support the residents. <br /> <br /> <br />i.No exemptions from local taxes should be given. <br /> <br />ii.Locate projects in medium or high intensity zones on the Preferred Scenario Map. <br /> <br />iii.Locate projects in proximity to private services such as grocery, medical facilities, <br /> <br />schools and jobs. <br />iv.Locate projects within ¼ mile of public transportation. <br /> <br />v.Provide sidewalks along the street and pedestrian connections within the development. <br /> <br /> <br /> <br /> <br /> <br />A & WF Housing Policy 7 Adopted July 2014; Amended March 2017 <br />
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