Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
PCDC backs updates to city policy for Low‑Income Housing Tax Credit resolutions to favor deeper affordability, on‑site services and transit proximity
Summary
Staff recommended, and the committee supported, revisions to the city's resolution policy for LIHTC applicants that increase points for deeper affordability (including additional points for project‑based subsidy and units at 30% AMI), add incentives for on‑site high‑quality pre‑K and proximity to VIA green/silver lines, clarify voucher acceptance,
The Planning and Community Development Committee on Oct. 28 recommended city council adopt changes to the city's policy for issuing resolutions of support or no objection for projects seeking Low‑Income Housing Tax Credits (LIHTC) from the Texas Department of Housing and Community Affairs.
Sarah Wamsley Estrada, housing policy administrator for Neighborhood and Housing Services, said the changes reflect council direction and Housing Commission input and are designed to send stronger, locally aligned applications to TDHCA. “The important thing to know is that this is the primary funding source for rental housing production and preservation,” Wamsley…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
