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Council raises local-support threshold for tax-credit housing letters; approves ordinance with amendment
Summary
After public comment and stakeholder discussion, the council amended and approved revisions to the city—s policy on issuing support and no-objection letters for Low-Income Housing Tax Credit (LIHTC) applicants. Councilmember Cor successfully moved to raise the minimum score required for a local support letter from 75 to 80 points.
The San Antonio City Council voted Nov. 6 to adopt changes to the city—s policy for issuing local support and no-objection letters for applicants to the Texas Low-Income Housing Tax Credit programs. During debate, Councilmember Cor offered and won an amendment raising the minimum score necessary to qualify for a local support letter from 75 points to 80 points.
City staff and housing stakeholders briefed the council on the proposed rubric,…
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