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City staff recommend support for several 9% LIHTC applications; committee asks for further study of Hampton and Independence properties
Summary
The department of housing recommended support for multiple low-income housing tax credit applications and updated the committee on several city-owned development properties; the committee asked staff for assessments of the Hampton property and the Independence Drive parcel before further action.
Cynthia Ellickson, director of the Department of Housing and Community Development, presented staff recommendations on Jan. 28 for 2025 competitive 9% Low-Income Housing Tax Credit (LIHTC) applications and briefed the committee on four city-owned housing properties.
Staff recommendations on LIHTC applications
Cynthia said staff recommended support for several projects and recommended no support for others that would increase concentrations of subsidized housing in high-poverty areas. Thor, assistant director for the department, told the committee the housing policy directs reviewers to consider local patterns of segregation and concentrations of poverty when deciding whether to issue a city "letter of support" for LIHTC…
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