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Legislation #: 100995 Introduction Date: 12/9/2010
Type: Resolution Effective Date: 12/26/2010
Sponsor: None
Title: Accepting the recommendations of the Housing Committee for the Low Income Housing Tax Credit projects to be recommended to the Missouri Housing Development Commission which are prioritized in Appendix A, as revised, and authorizing the Mayor to send a letter to the Missouri Housing Development Commission of prioritized projects requesting Low Income Housing Tax Credits as well as a letter detailing the prioritization process from the Housing Committee.

Legislation History
DateMinutesDescription
12/1/2010 Filed by the Clerk's office
12/9/2010 Referred to Housing Committee
12/15/2010 Immediate Adoption as a Committee Substitute
12/16/2010 Adopted as Substituted

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100995.pdf Authenticated 46K AUTHENTICATED
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100995 Advertise Notice 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100995
revised appendix a.docx Advertise Notice 15K Revised Appendix A
appendix a.docx Advertise Notice 15K Appendix A
GOFS-LIHTC.2011.doc Fact Sheet 110K Fact

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COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 100995

Accepting the recommendations of the Housing Committee for the Low Income Housing Tax Credit projects to be recommended to the Missouri Housing Development Commission which are prioritized in Appendix A, as revised, and authorizing the Mayor to send a letter to the Missouri Housing Development Commission of prioritized projects requesting Low Income Housing Tax Credits as well as a letter detailing the prioritization process from the Housing Committee.

WHEREAS, Missouri Housing Development Commission (“MHDC”) allocates federal and state tax credits through its Low Income Housing Tax Credit Program to investors for the construction, acquisition and/or substantial rehabilitation of affordable housing; and

WHEREAS, as part of its process of funding allocation for 2011, MHDC requests that the City, through the Office of the Mayor, provide a prioritization list of the projects supported by the Mayor and Council; and

WHEREAS, the Housing Committee has reviewed the project applications for Low Income Housing Tax Credits and has recommended the prioritization of the projects noted in Appendix A; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Council hereby accepts the recommendations of the Housing Committee for the Low Income Housing Tax Credit projects to be recommended to MHDC, which are prioritized in Appendix A, as revised.

Section 2. That the Mayor is authorized to send a letter to MHDC of prioritized projects requesting Low Income Housing Tax Credits and a letter detailing the prioritization process from the Housing Committee.

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