DEPARTMENT: Department of Planning and Community Development
DEPARTMENT HEAD: John M. Dugan
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Evaluation Criteria for Awarding a Resolution of Support or Resolution of No Objection to Applicants Seeking Texas Department of Housing and Community Affairs Housing Tax Credits
SUMMARY:
This item presents for consideration to the City Council criteria for evaluating applications seeking a San Antonio City Council "Resolution of Support" or "Resolution of No Objection" for multi-family rental housing projects applying for federal housing tax credits from the Texas Department of Housing and Community Affairs.
BACKGROUND INFORMATION:
The Texas Department of Housing and Community Affairs (TDHCA) in the administration of its Housing Tax Credit (HTC) Program awards competitive application points for a resolution(s) from a Governing Body of a municipality on the following basis:
(A) Within a municipality, the application will receive:
* seventeen (17) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality supports the application or development; or
* fourteen (14) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality has no objection to the application or development.
(B) Within the extraterritorial jurisdiction of a municipality, the Application may receive:
* eight and one-half (8.5) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality supports the Application or Development; or
* seven (7) points for a resolution from the Governing Body of that municipality expressly setting forth that the municipality has no objection to the Application or Development
ISSUE:
Staff has been asked to develop the criteria and an application process and schedule for multi-family rental housing development appl...
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