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EDIC briefed on likely low‑income housing tax credit applications; Beyond Shelter reports large senior wait list
Summary
Staff told the committee it expects multiple applications for low‑income housing tax credits this fall; Dan Matler of Beyond Shelter said demand for senior affordable units is high, noting a 39‑unit senior building opened in August 2024 carried a wait list of 172 households.
At the May 27 meeting staff previewed several projects that may seek local incentive pilots to support applications for low‑income housing tax credits this fall. The committee received the item for information and held a brief discussion with Dan Matler, CEO of Beyond Shelter.
Jim Gilmore said the state deadline for 2025 low‑income housing tax credit applications is Sept. 30 and that the city’s local pilot approvals can make an application more competitive. Gilmore listed projects…
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