Res 2023-189R approving amendments to the Low-Income Housing Tax Credit (“LIHTC”) Policy section of the Affordable/Workforce Housing Policy to reduce the required percentage of units under 30% of the Area Median Income from 25% to 15%

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6. The project is located within one quarter(.25) mile walking distance of a proposed or existing bus stop on a current or planned transit route. If the project is not located within one quarter(.25) mile walking distance of a proposed or existing bus stop on a current or planned transit route,a private shuttle service for residents is provided in accordance with TDHCA requirements. 7. The project is renovating or redeveloping an existing multifamily complex or under-performing development. 8. The project incorporates wraparound support services that provide flexible voluntary social,economic, or education benefits to the residents. Proposed support services should: a. Meet the needs of the local community; b. Utilize local support services and resources; c. Exceed the minimum TDHCA requirements for amenities;and d. Submit to the City the Project's TDHCA Application for Low Income Housing Tax Credits and includes the list of amenities in the Project's Land Use Restriction Agreement(LURA). Additional Considerations In addition to the criteria outlined above,the following may be considered by staff and the Workforce Housing Council Committee as means for recommending approval or denial of a request: 1) Regardless of compliance with the above criteria, projects located where emergency response times fall out of the National Fire Protection Association (NFPA)standards and/or projects located within or in close proximity to the floodplain may receive a denial recommendation. 2) Projects seeking tax exemption should • Include an estimate of the tax revenues which will not be realized by the City, annually, over the life of the project. • Describe future plans for placing the property back on the tax roll, if applicable. 3) For senior housing projects, inclusion of the following, additional,support service: presentations by the Capital Area Council of Governments (CAPCOG)Area Agency on Aging. Applicants must contact CAPCOG to arrange for a presentation of available services no less than once every other year and provide proof of this agreement with the application. https://www.capcog.org/divisions/area-agency- on-aging#areaagencyon-aging 4) For senior housing projects,the distance to medical facilities will receive additional scrutiny. Applicants must indicate the nearest medical facilities and any additional transportation options which will be available to residents in the event of an emergency. 5) Once approved, additional consideration will be given to applications which show compliance with the Strategic Housing Action Plan. Affordable&Workforce Housing Policy 7 Adopted July 2014;Amended March 2017,June 2018,&March 1,2022