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ii. Identify areas appropriate for designation as a Local Efficient Area <br /> iii. Target incentives for development of affordable/workforce housing in LEAs. <br /> b. Improve energy efficiency to reduce housing costs. <br /> i. Continue energy audit and indoor water survey programs, maintain funding for energy <br /> efficiency rebate programs, and continue public education about programs <br /> ii. Utilize energy audits to identify low-income households with a history of very high utility <br /> bills whose energy use could be lowered through energy efficiency upgrades. Refer <br /> residents to available programs that assist with weatherization or other energy efficiency <br /> upgrades. <br /> LOW INCOME HOUSING TAX CREDIT POLICY(LI HTC) <br /> The City of San Marcos utilizes the following criteria and additional considerations to determine if a LIHTC <br /> project is consistent with the Comprehensive Plan and other policy documents related to housing.. <br /> Resolutions of Support/No Objection <br /> Applications must fully meet at least five (5)of the eight(8) criteria below, including criteria#1, in order to <br /> receive a staff recommendation which is presented to the Workforce Housing Council Committee. <br /> Applications must also receive a recommendation from the Workforce Housing Council Committee prior to <br /> consideration by City Council. <br /> Criteria <br /> 1. No exemption from local taxes may be considered unless the project meets the criteria listed below. <br /> The purpose of this criteria is to help increase the City's inventory of affordable units and ensure that <br /> units benefiting from the program are reserved for low income households that need them. <br /> a. A minimum of 2515%of all units within the project shall be affordable to households at or <br /> below 30%percent of the AMI for the duration of the tax exemption. <br /> b. A minimum of 10%of the units affordable to households at or below 30%of the AMI shall be <br /> ADA accessible. <br /> c. A minimum of 35%of the units within a project that is not age-restricted shall include a <br /> minimum of three bedrooms in each unit. <br /> d. The project shall include these criteria in the Texas Department of Housing and Community <br /> Affairs Land Use Restriction Agreement(LURA). <br /> e. When considering a recommendation of support, preference should be given to projects that <br /> utilize a local entity for such tax exemptions. <br /> 2. The proposed units address a housing need identified in this housing policy or in the City's current <br /> consolidated plan for HUD programs. <br /> 3. The project is located within a high or medium intensity zone on the preferred scenario map. <br /> 4. The project is not proposed to develop under a legacy district on the City's current zoning map. <br /> 5. The project is located within half(.5) mile walking distance from services such as grocery, medical <br /> facilities, and schools. <br /> Affordable&Workforce Housing Policy 6 <br /> Adopted July 2014;Amended March 2017,June 2018,&March 1,2022 <br />