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Council approves up to $40,000 in city fee waivers to help proposed Topeka project score points for 9% LIHTC application
Summary
The governing body voted 7–3 to waive up to $40,000 in specified building and utility fees for a proposed AMD Partners project so the developer could secure five additional points on a May 23 Kansas Housing Resources Corporation (KHRC) 9% low‑income housing tax credit application.
The governing body voted to approve a limited fee waiver on May 13 to help a developer’s application for 9% low‑income housing tax credits through the Kansas Housing Resources Corporation (KHRC).
Why it matters: KHRC’s Qualified Allocation Plan awards points for local governments that commit to waive certain fees; city staff identified roughly $60,080 in fees for the project but recommended waiving up to $40,000 to secure five extra points on a competitive 9% LIHTC application.
Planning Division…
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