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Legislation #: 081058 Introduction Date: 10/16/2008
Type: Resolution Effective Date: 10/23/2008
Sponsor: COUNCILMEMBER CIRCO
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 (MHDC) which are prioritized in Appendix A and authorizing the Mayor 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.

Legislation History
DateMinutesDescription
10/16/2008 Filed by the Clerk's office
10/16/2008 Referred to Housing Committee
10/22/2008 Immediate Adoption
10/23/2008 Adopted

View Attachments
FileTypeSizeDescription
081058.pdf Authenticated 53K Authenticated
APPENDIX A.doc Other 28K Appendix A - Housing Tax Credit Projects

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RESOLUTION NO. 081058

 

Accepting the recommendations of the Housing Committee for the Low Income Housing Tax Credit projects to be recommended to the Missouri Housing Development Commission (MHDC) which are prioritized in Appendix A and authorizing the Mayor 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.

 

WHEREAS, 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, 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 the Missouri Housing Development Commission (MHDC), which are prioritized in Appendix A.

 

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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