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Council directs rewrite of 9% housing tax credit policy and splits on four local applications
Summary
Council unanimously directed staff to rewrite the city's 9% Low Income Housing Tax Credit (LIHTC) evaluation policy and later voted 5–4 to offer letters of no objection on four regional competitive applications after debate about location scoring and neighborhood fit.
Council directed the city manager to undertake a formal rewrite of the city’s policy for evaluating 9% Low Income Housing Tax Credit (LIHTC) applications, adding a geographic index for location‑based scoring, a minimum points threshold for letters of support or no objection, and an option to designate a single location in a year for which the city will accept applications. The directive (sponsored by Representative Chris Canales) passed unanimously after an amendment to align the rewrite with the city’s ongoing regional housing plan…
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