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Council delays action on shelter-rent authorization as LIHTC filing questions emerge for South Avenue project
Summary
Council members debated holding a proposed shelter-rent authorization tied to affordable housing at 680 South Avenue after staff reported Southside Renaissance did not file a required HCR application; councilors asked to hold the item for a cycle to resolve application and contract-language questions.
Councilors debated whether to advance authorization for a shelter-rent agreement that would preserve the city’s ability to negotiate terms for a planned 75-unit affordable-housing project if developers secure Low-Income Housing Tax Credit (LIHTC) funding. Matt Ojek, commissioner of assessment, told the council that Southside Renaissance “did not file its HCR application on Thursday,” while another project team,…
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